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