Bitcoin
Short
Updated

BTC what could happen and why

208
So, low volume and a huge bearish triangle. On long term im bullish, very bullish, but BTC needs a flash crash to trigger big buyers.
Why is 5700 such an important support? it would coincide with a long term BTC support dating back to 2010 and its approximately where we have had most successful bounces.
References:
Dec 9 bitcoin (BTC) Parabolic Bubble Run forecast w/2013 data

4 year forecast


Also this date is where the 51 days cycle of BTC culminates.
Reference:
WTF is 51 days?


Note
There we go, time to buy
Trade closed: target reached
Next steps:
bitcoin historic ascending value channel bottom support

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