ngordon

btc/cnyusd

ロング
People should begin to take notice of the price of Bitcoin in Chinese Yuan. This chart looks a bit more bullish than priced in USD.

I am looking for the price to break upwards starting around Sept 19th. It will probably grind its way up to 13,000 (USD) by end of Oct, come back to retest support, and blast through 13,800 (USD) by early-mid Dec. I am looking for minimum price target of 17,000 (USD) by end of year. Maximum price would be 21,000 (USD) in my estimation.

Who is really running the show here anyways?

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