ronfkingswanson
Long

Possible last leg up of the Nov. rally, followed by long decline

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
1095 2 15
A scenario that contains both the short-term bullish upwards wave projection of @DanV and others, as well as the longer-term bearish corrections to follow. Such upper targets would be expected to touch the 50% channel before reversing and likely crossing the mean.
flibbr PRO
3 years ago
I'm in agreement.
4xForecaster says up.. DanV says up... Houssain says up... bullish divergence on the MACD.... one more good bull trap ... but then I think lowest it'll go is just back to $770 (Gox) . . I can't see much lower without major bad news.
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kakola
3 years ago
Nailed it!
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