Mkforbes_fx

BTC BITCOIN UP TREND

Long
BITSTAMP:BTCUSD   Bitcoin
As we can see from our previous prediction on BTC, price has clearly broken our TP at 59000. Congratulations to BTC and anyone who held over the years and also to anyone who entered any of my buy trades previously. I must say that I do believe we will continue to 65000 which was the most previous all time high for this pair. Very good moves for Bitcoin. But, I must warn you, BTC may be about to enter unknown territory after we break 65000. at the which we may scale up to 80000 per coin. Which, again, is great news. However, do not buy into the HYPE, eventually this will become more news stream as the media, social media, other hedge funds companies, investors and novices start to gossip more and more about bitcoin. They will then urge everyone to enter the markets hoping for the continuation of buys and this is when the market will grab liquidity and fall back to previous lower high areas. Be precautions when trading BTC especially if we do reach unknown areas above 66000. My next prediction is 65000, then 80000.
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