Portfolio Update

LONG TERM
LONG | from 5 .06$ with 1 unit (100 btc)

SHORT TERM
OUT OF MARKET

I decided to extend the duration of this trade because of the recent drop of volatility, in the last 2 days the market accelerated nicely to the previous end of June target of 5.6$, giving current volatility BTC/USD might reach 6.5$ within 20 days; instead using full volatility i’ve an ambitious target of 8.5$ that can be reached by end of June. It is too early to say if this increasing volatility will carry the bitcoin in the double digit territory but the long accumulation that i’ve seen since february 2012 it is ending and a potential  strong rally could start.

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