BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Self explanatory.

Bitcoin             broke back up today.... I just took another look at the weekly chart.
This time it could absolutely test all time highs of $1000? very likely, just watch for the break of $800... (otherwise, double top )

Aligns well with USD, almost breaking up of triple top with a possible 20~30% rally ahead, which will cause massive massive yuan devaluation

USDCNY             vs BTCUSD:

India? Currency ban: http://www.zerohedge.com/news/2016-11-10/gold-price-skyrockets-india-after-currency-ban


unprecedented times...
I'm just recently getting into Bitcoin- bought an S9 and mining for about 2 months now to teach my 9 year old and also recently started purchasing extra bitcoin on the side. I know a lot of people are going long but at which point do you take profits etc?
Reply
@tantra12,
I've just been holding bitcoin since low 300s, without leverage..
Not too sure when to sell either, the bigger context is that Bitcoin is just a 11 billion market cap currency. There's a lot of room to rally if countries like India messes up their monetary system, or even the massive yuan outflow as a result of devaluation.

Maybe 1000s? depends if I see a weekly topping pattern such as double top. Not going to trade it from day to day.
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