BITCOIN - Trading update

By @quant018/16/2016bitcoin

Hello steemers...
today we talk about Bitcoin... not STEEM ;)

http://i.imgsafe.org/2e8b6ad066.jpg

3 weeks ago we published our forecast on BTC-price. (Link: https://steemit.com/steem/@quant01/steem-bitcoin-forecast).

The forecast was perfect... And it still works. Look at the following chart:

http://i.imgsafe.org/2e8cb45d5e.jpg

  • Candlestick: BTC price
  • Blue line: forecast
  • Vertical line: date on the first prediction

As you can see, for the next weeks (and month), the trend should be bearish. This model is update @15th Aug (closing price).

Best

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