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Did Bitcoin hit the bottom? Looks like it could be primed to move! by james318

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· @james318 ·
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Did Bitcoin hit the bottom? Looks like it could be primed to move!
http://i63.tinypic.com/2ic624g.png

Going over the daily chart on BTC, we are looking good in my opinion. Formed the triple bottom nicely, and although intermittent dips below 6000 did happen, we help the support at 6000 quite well, and i believe we will test $7,000 within the next 48-72 hours. Its only a matter of time before the institutions begin to pour their funds into the market, and where that would take us...nobody knows. Happy trading everybody!

Disclaimer: I am NOT a financial adviser, and am not authorized to give financial, or investing advice. The information expressed in this post is my opinion only, and you should do your research before investing, as with anything.
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