Nickonomics

Bitcoin: Nix Price Update

Long
BITSTAMP:BTCUSD   Bitcoin
Previously, we projected growth towards $17 700 - $18 000 as part of final 5th wave of the impulse. At the same time, the chart contained an ambiguous segment, and so there were two options for adding new positions: Currently, yet another ATH is quite possible. I re-labeled the waves and put new labels on the chart. So $17 730 - $18075 remains the target zone.

Important notice
If price breaks below $16 150, a sharp $1000 move down may follow.

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