imustafa82
Long

More room for up then down

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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it looks as thou we have seen the back of the bears for now and looks like the 6000 mark is a solid floor. The channel looks like a squeeze before we see any big upside movements but imo there is room for movement to 7500.
We have seen this move in btc before and expect a narrow trading channel for a few more months before we break up for a new high.

Happy trading
Order cancelled: Support broken, well and truly, only took a year. Now looking at a good selling oppertunity with a pull back into structure.
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