Long

BTCUSD

Updated

My thoughts:

Run to $7200 then pull back to $700 before testing ATH.

Note

Meant to say $7000 not $700 (I wish!)

Note

Looks to have remained under resistance. I am still expecting it to continue until it breaks out above the 0.786 Fib and go on to test the ATH. After the Bcash drama I feel BTC is stronger than ever and ready to break some new ground.

Note

Didn't pull back to $7000 as I expected but it has passed through the 0.786 fib and resistance. With a little more volume we will push the ATH.

Trade closed: target reached

Seems to be a good place to stop this trade.

@SatoshiWolf

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