remode

remode

The current resistance that we have with Bitcoin at about exactly $4200 is due to an age old Resistance/Support line which began all the way back in 2013. Like can be seen in the chart, the candlesticks from 2013 and 2015 have stopped exactly at this line and as we draw it even further we get our $4200 so this line is clearly the cause for this resistance. I...

remode

BITSTAMP:BTCUSD Bitcoin likely going to around 6400$ during the next month or less. Other possibility is that it goes to 4800$ then drops a bit and continues to 6400$ but considering earlier patterns it's more likely it will go straight to around 6400$ The bottoms display a clear curve which has since late July jumped like a rocket, which means we are on the...