Bitcoin - Long Long Long

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
On the BTCUSD             weekly chart there are a number of bullish patterns with a strong potential to emerge.

1. Inverted Head & Shoulders - Possible inverted head and shoulders formation with a breakout above $800 USD. Once we get confirmation and breakout, the measured target would be $1200 but i suspect some psychological resistance around $1000 USD. That might not mean much with all the negativity surrounding the us elections, US Dollar Index             and economic collapse (which has started imo             ); regarding the debt bubble we're in.
2. Cup and Handle - 50% Pull back for handle formation and then retest of the new ATH             . If this breaks we're heading to $2000+ before the end of 2017.

Anyways, who knows for sure. Great time to be alive BTC             is a game changer; super grateful to be on this ride. Good luck to all. Thanks for supporting Bitcoin             - in a world with so much going wrong, BTC             and its supporters stand as a beacon of hope for much needed change.


Comment: Right on track
Comment: FOMO yet to come?
Well said man. Peace! Oh and bitcoin ;-)
Darumbal TheCryptocurrencyTrader
Thanks, appreciate the support!
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