vkturbo

On course to touch 10K

Long
BITFINEX:BTCUSD   Bitcoin
Well we have hit the 8500 seen with the patterns so with what we are seeing now thus triangle seems to be what being formed. As time progresses I'm sure the pattern will change. Currently seeing 2 ways this could go but seeing as we are above a resistance point I'm more inclined to go with the lime green line which I believe we will touch 10K then drop to 7500 and probably lower as the bots kick in with all their sell points. I myself will sell around the 10k mark and rebuy at roughly the 5k mark but constant checking of the charts will confirm that.

It would seem we have a bit of a trend lind to follow as well, if we keep staying to the top of this trend line without small corrections its my belief that we will see a quick and sudden correction of at least 2500 to 3k.

So lets see how this plays out.
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