Bitcoin has had a tremendous run this year. With the implementation of futures contracts and the general public becoming hip to this new form of currency, more money will be pouring in. Currently the futures market has around 639 trillion in contracts. If we can see even 5 % that bitcoin will see an a huge increase in price. Thus far the 61.8 extension is where we have been pulling for the prior two pullbacks. This extension is around the 5010 mark. I am looking for a little more of a pullback. Then to 10,000 i believe we should go.
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