Despite the violent drop we just had the weekly chart is still bullish and momentum is still rising towards a possible large upward move, let's say about $4,700 if 2013 ATH becomes the 78.6% fibonacci. The next 2 weeks are critical ™.
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Bitcoin is breaking out again after having some hiccups in the mid $2,000's. Currently $3,300, which puts us $1,400 away from my target. That would be a 42% gain from these current highs.
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We've reached the 4650s.