BTC summary of recent moves

29 Ara 2016

my interpretation of recent btc price action

4 Oca 2017

Not

this impulse is very strong (adjust line a bit) and even if it sounds crazy i think it can accelerate more on ath breakout for parabolic move and reach upper targets $1400 and $1800. its risky, this can be a wild ride with crazy shakeouts, be carefull if not holding a long from low levels.

5 Oca 2017

Not

testing 944 support on stamp, on break down next support would be the trendline (purple) near 830 and then 775

8 Oca 2017

Not

PBOC update
m.finance.caixin.com/m/2017-01-07/101041525.html

chinese exchange got remembered
that they are not allowed to do offline promotions,
that btc is a virtual good not a currency,
no fake volume is allowed,
dont mention cny devaluation,
must know your customer,
must state the risk involved with btc trading,

12 Oca 2017

Not

back to pitchfork, fibs and ma200

24 Oca 2017

Not

new chart, after price couldnt reach the top of the channel, support was found on parallel log line from last to top, adjusted channel: