Bitcoin Price Technical Analysis - Intraday - 09/03/2015: Looking up!

Bitcoin Price Technical Analysis - Intraday - 09/03/2015: Looking up!

A little earlier on this morning we published a piece highlighting the ascending triangle that formed in the bitcoin price early Monday morning, and the potential bullish momentum that this ascending triangle inferred. We suggested that - upon pattern completion - a target of 283.50 would be initially valid, and if we can break above this, it would suggest further bullish momentum. A look at the chart shows the pattern completing shortly before lunch (GMT) and the ensuing run towards our initial target. We hit the target in the last 15 minutes or so, so where are we looking for the bitcoin....


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