The Bitcoin Outlook From Last Friday
On Friday, February 13, 2015, we issued the following bitcoin outlook to our premium members: “Long on a consolidation in the 236 to 238 $ range with a stoploss at 232 $ and upside targets at (1) 248 and (2) 257 $”. Below is the bitcoin chart right in the moment when we issued this Pro Trade.
Bitcoin Outlook Chart from February 13, 2015
Bitcoin Outlook Chart (February 13, 2015)
Bitcoin Prices Seem To “Follow” Our Bitcoin Outlook
As we can see below, bitcoin prices seem to have a twitter account and are “following BitcoinBullBear”.
First, the consolidation happened. This allowed for a great entry price at our ideal bitcoin price of 236 $.
Second, Bitcoin prices reached both targets from the Pro Trade. Right after reaching the bitcoin outlook target, bitcoin prices turned down hard. This shows that the resistance was indeed a serious one.
Bitcoin Outlook Chart from February 15, 2015
Bitcoin Outlook Chart (February 15, 2015)
Bitcoin Outlook: UP or DOWN?
Of course, the next question is: Which direction will the next bitcoin wave roll? We answer this question constantly for our premium subscribers: We give detailed probabilities and insights on the directions of bitcoin prices.
We even have a special trial offer for one month subscriptions at 19.99 $ until February 28, 2015.
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Have a great BITday!
@S3052
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