$BTCUSD – Bitcoin (Last:104,793)

Although I hate to haul out a chart that shows a clear path to at least 116,807 for this gypsy-grade scam, it’s all I’ve got at the moment. The pattern is obvious enough to have attracted the attention of ten thousand clowns, so we shouldn’t expect the levels to work with the usual precision; however, they should be good enough for government work. With regard to the 144,586 target, I’ll reserve some skepticism until such time as BTCUSD blows a gaping hole in p=116,807, the midpoint Hidden Pivot.  Regardless, you should plan on shorting there if you know how to set up a ‘camo’ trigger that limits risk to theoretical pocket change.

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