Magrus

Magrus

Bitcoins' price is close to the bottom of the channel line but my bet is the price will break the down trend line started on July 30th (just before Bitifinex hack) and try the USD 600 resistance once again and if price breaks up the June 18th trend line it could try USD 780 one more time. However, prepare for doom if the price breaks down the chanel line.

Magrus

Imo we're ending the wave 5 and starting a small correction to 4600 CNY (680 USD).

Magrus

Bounce at ~540 then last wave till ~640.

Magrus

Target is $570 in the next weeks