First Target Hit ... Next? | $BTC $USD #Bitcoin #Litecoin

Friends,

As you may recall, last February 10th, we called for a probable reversal and decline of this Bitstamp bitcoin (see analysis here: tradingview.com/v/R5QGZThQ/ as well as a BTC-e analysis here: tradingview.com/v/Z95pqkHo/).

At this hour, our second target got hit (first was the bullish target about 5 candles since the release the first two targets back on February 10th).

At this point, we continue to set our sight on the bearish-most target, defined as TG-Low = 385.94, set on February 22nd.

More analysis/review if/once TG-Low gets hit.

Cheers,


David Alcindor
TradingView.com Moderator as 4xForecaster


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