Nickonomics

BTCUSD: Short-term pullback imminent

Nickonomics Updated   
BITSTAMP:BTCUSD   Bitcoin
BTCUSD is trending upwards in a technically fine channel. 1478 level is a convergence of 2 separate Fibo extensions, and it proved valid yesterday. There is no bearish divergence, so higher prices are yet to come. That being said, it is safer to wait for a deeper pullback before re-entering the trend.
Comment:
One more wave up:

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