filbfilb

BTC Targeting $22-24k

Long
filbfilb Updated   
BITSTAMP:BTCUSD   Bitcoin
Ive been saying for a long time that i thought that we would pump with the futures (at least initially) on the basis that more people will have access to a bull market.
(ref; twitter)

Looking at the prior consolidations an extension similar to the last move will take us to c.$22k. This target is found via several different methods.

Entries around the $15200 and on the breakout make sense to me.

Good luck all - we continue exploration and its exciting times.

Follow me on twitter @BAKS3Y for more frequent updates.

Best

FILBFILB
Comment:
Ok so yesterday we had a strong breakout and a throwback of sorts. Kinda predictable.. breakout and backtest also happened in the fractal and is usually a result of profit taking and wanting to rebuy lower.. there wasnt enough shorts or fomo to sustain the break. We now need the bulls to decide how low they want to go, wether there is enough support to go higher from here, or if we need to go and test the fib levels as described above at just above $15,000. Again, orders at this level or for the breakout are prudent. I don’t think we will need a third attempt.
Comment:

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