bitcoin forecast; BITSTAMP, testing @ 2750 expected, 3150+ 7 day

Testing of both upper resistance and lower support line expected in next few days. Further uptrend expected as segwit lock-in and BCH selloff contribute to BTC dominance. Expect ATH within next week, followed by news cycle FOMO and profit taking.

Buys @ ~2760
Take Profits 3150-3300 progressively

Kommentera:

Forecasted 3150+ within 7 days, it only took 7 hours!

Looks like we jumped the gun and shot up to ATH of 3215 rapidly.

I am weary of this price level holding. I am also weary of taking any short positions due to volatility. Will update with TA after this new channel builds out.

Kommentera:

I hope everybody who saw this got their longs in