TradingBTC1

BTC new price target of 75K

Long
BITSTAMP:BTCUSD   Bitcoin
On July 30th we gave 2 targets for BTC to hit. The first was hit on August 20th at 50k and the 2nd target we gave was 56K. Price has now hit the 2nd target as well. A larger pattern has formed with the 3 yellow curves. A reverse head and shoulders has now projected a new price target of $75K. We would expect the target to hit before the end of the year.

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