algoryproject

BTCUSD

Long
algoryproject Updated   
BITSTAMP:BTCUSD   Bitcoin
Watch it carefully. If 11 200$ breaks.. then ATH is coming in my opinion. BTC is really strong. I thought that we might move to 7800-8400 and then again to new high.
At this moment
- red line as support
- green line - most important resistance
- blue line - trend line

If 11 400$ breaks, belive me or not but 24-25k$ might come. Why? Take a look at all moves that we have this year:
1.2k$ to 2.7k$ -> 225%
then
2.7k$ to 1.85k$ -> 32% down
then
1.85$ to 4.48k$ -> 242%
then
4.48k$ to 3.6k$ -> 20% down
then
3.6k$ to 5k$ -> 138%
then
5k$ to 3k$ -> 40%down
then
3k$ to 7.9k$ -> 260%
then
7.9k$ to 5.5k$ -> 30% down
then
5.5k$ to 11.4k$ -> 207%
then
11.4k$ to 9k% -> 22% down

so.... 140% to 260% move up is likely... :) But for sure, it is just analogy.
Trade active:
And here we go :)

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