BTCUSD going through same consolidation period as the one from July (Worries over hard fork). Pattern now is reflected on correction from China ICO/Exchange Ban and JP Morgan "Fraud" statements. All of this allowing big banks and funds to establish positions from lower prices . All of this of course is MEGA-BULLISH for BTCUSD. Once the breakout from the box occurs at $4200, BTCUSD will be on the way to new ATHs; target $6900 in November. BTCUSD will end 2017 on a very strong note but likely leading to a large correction in early 2018. That would just be a another opportunity to add to LT positions.
액티브 트레이드:
BTCUSD should get up to $4200 range soon and back down to $3750-$3900. IF there is a solid breakout over $4250-$4300, then BTCUSD has started its next move towards ATHs.