Current indications are showing a potential pullback to ~$600 which conforms to a long-term support line that has been in existence for at least the past year. After this point we could see BTC making moves to a level above 2016's highs.
I will update as and when new info becomes apparent.
Feedback much appreciated. Thanks!
I will update as and when new info becomes apparent.
Feedback much appreciated. Thanks!
Order cancelled:
Sudden jump in BTC price possibly due to a number of factors such as Chinese Yuan devaluation, Bitcoin being mentioned in officially sanctioned Chinese newspaper, Indian government's war on cash and potential bail-ins of Italian banks means that the trajectory used in this study is no longer valid.