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zippy1day
Nov 21, 2016 5:32 AM

BTC Higher Highs,Higher Lows Long

Bitcoin / U.S. dollarBitstamp

Description

Trying to make some sense of yesterdays pullback and think this was due to make a Higher Low point A. Now, as this still an uptrend and have no reason to believe otherwise it will climb up to point B?
Target $800 approximately.

Comment

Obviously got my timing arrow to B wrong but should go there now i.e the upper channel line.
Comments
Young_Satoshi
Yesterday's pullback was due to Bitmain #BitcoinUnlimited Camp not excepting #Segwit rollout. Mix that with OKcoin, Huobi and Finex Bitcoin futures margin calls = Yesterday.
zippy1day
@crypto.888, As I am not into the whole technical aspect of Bitcoin I'll take your word for it but on the technical side this pullback makes perfect sense!
Young_Satoshi
@zippy1day, Fair point.
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