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MeasuredMove
Jan 6, 2017 3:33 PM

Still bullish Long

Bitcoin / U.S. dollarBitstamp

Description

870 area should be the top of a buy zone that has price targets at 1268 area - well above prior all time highs(ATH) marked is red. We'll have to see what happens. I am already heavily long. May decide to add more at these levels.

Comment

My worse case scenario is a pullback even further into the yellow zone - upper 600s. Of course it could always get worse. But I am skeptical that we will even get that low. Anything is possible with bitcoin.
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