“One Look at the chart Is Worth A Thousand Words”
One week ago the chaikin volatility indicator crossed again the zero line, i think that since then XBTUSD entered in a new upswing after the strong bullish bar of the 26th November.
In terms of static price levels it seems to me that $320 is a strong one, followed by $360 that should hold the price during this upswing. As i said in my previous update i think that the maximum extension of this new weekly upswing should fall in the $650-$700 price zone: How much you wanna bet?
Weekly range forecast $360-$440
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Thanks Enky! 🙂
Thanks for the update, Enky! Went long at 380. Going to see this all the way up to the end.
Thanks Enky. I just made a (small) bet on yes. 🙂
cool idea the betting thing helps to support your forecast
Thanks for all the forecasts and all the best for the New Year and happy xmas.
Yeah but i don’t have any personal interest in the bet, it’s just for fun.
Would you say that the uptrend scenario is still valid, Enky?
as long as btc stays above 420 yes, the current uptrend is not compromised
Ok!
How likely do you think it is we’ll stay above 420?
(I wish I could access your IRC channel at work
)