Back to square one in a few weeks

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
-- UPDATE --

This long-term this risk is still there, but as long as we keep on slowly going up (earlier ) since the massive correction down to $275 then this chart scenario posted here is going to be proven invalid.


The precise rules of Bitcoin             price bubbles vary but it usually involves traders hopping from square to square, missing out the square containing their thrown targets. They go from one to (usually) eight or ten and then back to square one.

12:02 UTC
Tuesday, November 18, 2014
Current price $375

It doesn't look good on this long-term chart:

+1 Reply
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