meszaros

BTCUSD update.

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD update. Previous analyzes closely followed the movement of bitcoin. I therefore intend the current analysis to be complementary. The bitcoin chart shows that the ascent occurs along the D1ATR axis (gray dotted line), more specifically along its parallel axis. It can also be seen that the local bottoms are raised higher than the direction indicated by the parallel axis. What it means ? That the rate of ascent is increasing. From this, it can be assumed that the rise of bitcoin may accelerate. In this case, another fractal can be built, as shown in the figure. Its size and shape can be similar to the original fractal. Target price: 75334 usd.

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