JoE

We are on track towards $14,000, potentially new ATH

Long
JoE Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC broke $10,500 makes it a perfect support and resistance role reversal. Huge Interved H&S should send it to new ATH, while we have calculated first target of $14,000.
Comment:
BTC acting like a black hole here, all other coins are affected by this. We are not 100% allocated to BTC at the moment.
Comment:
Typo: not > now
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A small retrace might be coming.
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We bought the dip, so far so good.
Comment:
Wait, altseason is about to end, so BTC may take a hit here. Current price $11,647
Comment:
The 3,400 level on S&P500 have likely turned into support which means the Risk/Reward is favoring bulls now. DXY broke downwards while XAGUSD breaking upwards. The FED money printer is still at full throttle until the Election Day on November 4th. BTC is no exception of that and will continue to rise for now.
Trade closed: target reached:
Both targets got hit, I'm flat at the moment.

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