zippy1day

Target idea for BTC futures bottom?

OKCOIN:BTCUSD3M   Bitcoin / Dollar Forward 3 Months
162 0 3
As I was questioned as to the aggressive recent target bottom, I had to agree it looked somewhat low so have gone for $487 which might form and Adam & Eve bottom.....but this is all up for debate! We will then have to see it break the recent downtrend line which would look like a "Falling Wedge Reversal Pattern" to continue on and upwards to new highs maybe early part of next year?
Comment: Definitely busted
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