MidasTouchConsulting

Bitcoin - Another ascending triangle ?

BITSTAMP:BTCUSD   Bitcoin
Bitcoin has been pushing higher reaching overhead resistance between $775 and $740...
Note how the Bollinger Bands are starting to move sideways!
If this is another ascending triangle we should soon see a pullback towards $625/$590! That of course would be another buying opportunity...
Only a breakout above $775 would be extremely bullish. In that case a spike towards $1,000 should follow...

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