ama8999

Bitcoin Logarithmic rise

Long
ama8999 Updated   
BITSTAMP:BTCUSD   Bitcoin
If Bitcoin continues its steady logarithmic bull run, it could be interesting keep an eye on this log channel.
I don't think it will break it to the upside. We may start a correction soon, but long term it's bullish.
Comment:
Bitcoin got stopped by the upper boundary, but I'm not so sure it will touch the lower boundary at this stage because the averages are rising fast.
Comment:
Bitcoin broke the resistance curve which is acting as support now.
Trade closed: stop reached

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