IvanLabrie

Two possible bullish scenarios

Long
BTCE:BTCUSD   None
Bitcoin's free fall below the 600 area has been pretty intense, but the selloff's reaching exhaustion.
We're trading inside a channel, with clearly defined areas of brief consolidation over time, which act as support and resistance levels.

I'm fairly confident that if Bitcoin manages to climb over 550-580 it can hit 754 by the end of the month.

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