Bitcoin blew past $650-680 and we continue our journey way higher as we head to the "moon". If we manage to hit $1000 Bitcoin could get higher due to increased media coverage and more interest / hype that will bring new money in to the market. Google Trends already shows accrued interest as seen in this chart: http://prntscr.com/bhxfel but still not parabolic interest (so there must be more room to moon imo )
My conservative targets are: $840-$950 or $1170 and $3000+
The current potential target is: $10000 - 9000
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Where can I register and buy/sell/trade Bitcoin?
Bitfinex Signup: https://www.bitfinex.com/?refcode=355QQTAC0A (0.2-0.1% fees - Accepts Worldwide users – If you deposit BTC to the account you can trade without needing verification!)
Okcoin Signup: https://www.okcoin.com/?invid=2024136 (Very low fees and offers 10x 20x leverage - Accepts Worldwide users except US residents)
SimpleFX Signup: https://simplefx.com/?sfx-r=bae43264-800c-4429-8287-05463c043814 (High leverage - Accepts Worldwide users)
Coinbase Signup: https://www.coinbase.com/join/52991e5e702d08b8bc000153 (Accepts Worldwide Residents)
BitMEX Signup: https://www.bitmex.com/register/T7LaSL (Offers 50x leverage - Accepts Worldwide Residents)
If you join Bitfinex under my referral you will get %10 discount on your trading fees the first month!
If it is your first time trading Bitcoin I highly suggest to open an account with Bitfinex and Okcoin.com. if you need help trading I will help you out :)
If my charts have been helping you, Bitcoin tips would be appreciated :) 175mDGTPRZ3Us1hyYuzyCvAMvC76bRMJFk
If line is violated I would suggest to rebuy or long at $550-520 for a potential double bottom on that old support of 2014
Expected bottom: 570-580
moderate bottom: $550-564
high volatility with margin calls: $525-540
This means for now the megabull has ended. I believe sometime in October 2016 we will resume the megabull to $10000 area. I will publish a chart when I get time away from personnel life and work to show you why the bull trend is still alive short-term and long-term as long as we remain above $460
In the meantime you can follow me on twitter to get quick updates on recommended trades and setups!