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ForeverBearish

If history repeats itself...

Long
Bitcoin (BITFINEX:BTCUSD)  
ForeverBearish Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis
5
0
trendanalysis
$16K by mid August.
Comment:
We've been riding right down on that orange slope perfectly since this was posted with a single wick touching below the target green line at $10,980.

It's seems to be cycling faster than anticipated. $16 K could come sooner than I thought.
Comment:
Old support marked by green has become a local resistance.
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