BTC summary of recent moves

2016年12月29日

my interpretation of recent btc price action

2017年1月4日

註釋

this impulse is very strong (adjust line a bit) and even if it sounds crazy i think it can accelerate more on ath breakout for parabolic move and reach upper targets $1400 and $1800. its risky, this can be a wild ride with crazy shakeouts, be carefull if not holding a long from low levels.

2017年1月5日

註釋

testing 944 support on stamp, on break down next support would be the trendline (purple) near 830 and then 775

2017年1月8日

註釋

PBOC update
m.finance.caixin.com/m/2017-01-07/101041525.html

chinese exchange got remembered
that they are not allowed to do offline promotions,
that btc is a virtual good not a currency,
no fake volume is allowed,
dont mention cny devaluation,
must know your customer,
must state the risk involved with btc trading,

2017年1月12日

註釋

back to pitchfork, fibs and ma200

2017年1月24日

註釋

new chart, after price couldnt reach the top of the channel, support was found on parallel log line from last to top, adjusted channel: