RoyVan Der Reijnst
Long

One more leg for this BTC runup?

BITFINEX:BTCUSD   Bitcoin / Dollar
181 0 1
3 reasons to have 263 as target for this run.


-50% fib of 315-211 drop
-1.618 extension of 222-248 move
-Confluence in 3-drivers pattern

We could go higher, but expect at least a solid bounce from these levels.

Also, we could drop to as low as 233 and consolidate for a bit before making another run for it

Breaking below 233 means all bets are off.

GLGT
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