Bitcoin Study

10 nov 2016

Current indications are showing a potential pullback to ~$600 which conforms to a long-term support line that has been in existence for at least the past year. After this point we could see BTC making moves to a level above 2016's highs.

I will update as and when new info becomes apparent.

Feedback much appreciated. Thanks!

17 nov 2016

Ordine annullato

Sudden jump in BTC price possibly due to a number of factors such as Chinese Yuan devaluation, Bitcoin being mentioned in officially sanctioned Chinese newspaper, Indian government's war on cash and potential bail-ins of Italian banks means that the trajectory used in this study is no longer valid.