More room for up then down

More room for up then down

Bitcoin / Dollar BITSTAMP:BTCUSD


it looks as thou we have seen the back of the bears for now and looks like the 6000 mark is a solid floor. The channel looks like a squeeze before we see any big upside movements but imo             there is room for movement to 7500.
We have seen this move in btc             before and expect a narrow trading channel for a few more months before we break up for a new high.

Happy trading