ncx

BTCUSD - Move to 5200

Long
BITSTAMP:BTCUSD   Bitcoin
The Bitcoin is following a strong upward trend channel. Long position at at the current price (~4600), stop level ~4400, take profit level 5200. After reaching the 5200 goal, fallback to 4600 or lower. Could possibly also break out towards 6000, but looking at the chart i think it's too early for such a move, except there is something the news. Just my personal guess, sidewards movement in a 4000-6000 range until nov 17, reaching 7000 or so at the end of the year.
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