XBT to go up to 2900
Bat pattern detected, and XBT broke out of the second target at 0.618 of the AD-leg retracement. This probably means it will continue to the target 3 at 2900 USD. Also RSI last high is still to be reached.
What concerns me is the BCC 50% crash (viabtc.com/quot/realtime?currency=btc&dest=bcc&chart=simple) not to mention BTC-E exchange scandal. I don't know how deep fundamental factors effect the price movements of cryptocurrencies.
What concerns me is the BCC 50% crash (viabtc.com/quot/realtime?currency=btc&dest=bcc&chart=simple) not to mention BTC-E exchange scandal. I don't know how deep fundamental factors effect the price movements of cryptocurrencies.
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