thor08

Correction. On the way to 16K

BITSTAMP:BTCUSD   Bitcoin
I have failed to analyze BITUSD using any indicator. Yet I think I found the sense of this pair: Fibonacci ! but not a normal Fib, it is one handled with extensions in INTEGERS: 1.61, 2.61, 3.61 is next ! (I think).
Its growing and strong momentum drives it the biggest movements I've ever seen, and I think also its volatility and credibility may be at stack ! Trade with caution, I can expect the blow up of this bubble to crash in any moment, and probably to a really low prices, e.g. under 1K.

Good luck, trade your own analysis, use my only as a second criteria ;)


T.
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