Milad_IMZ

BTC on Cruise Control Toward a Major Resistance

Long
BITFINEX:BTCUSD   Bitcoin
It appears that NOTHING can stop Bitcoin to continue this uptrend. As you see in my 4h chart, a huge resistance is on way up at $17,583 or 1.618% Fib Extension. It is quite possible we reach that target sometimes this week or early next week... then we should see some sort of consolidation before continuation of the bull market...

As you see in my previous idea (link below), published on September 3rd, I was quite bullish on Bitcoin back then even when we had a major drop... Repeating again, we are just witnessing a multi year bull market like we have never seen before and this is jut the beginning... Get your baskets ready....
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