FXRCAPITAL

Emerging Technology BTC // The Blow off phase

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BITSTAMP:BTCUSD   Bitcoin
BTC // Most emerging technologies follow a specific pattern and parabolic curve until the curve is broken. The first curve was broken after the hack and a new one has formed since then. Now since BTC is the first Global reserve currency NOT dominated by a country Global reserve currencies since 1450 it is hard to estimate how far BTC will go until it breaks this curve. Most traders trade BTC like most other markets but it doesn't make sense to do such action. If you follow the intraday charts you will see the same pattern over and over again so why not follow it until it breaks the curve once more?

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