Spekulatius

Upward triangle

Long
MTGOX:BTCUSD   Bitcoin
2
Current wave C of A to E. Watch closely if break outs occur!
Support is very strong all the way from 86$, tested countless times. Downtrend is comparably weak. Keep in mind that current upwardtrend seems artificially supported by large single buy orders of a single(?) entity each time this upwardtrend tries to reverse. This means freefall IF support is broken because there are no supports below that, possibly all the way to 100$.
If broken upwards, the new target would be 160-170$.
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