Bitcoin Breakout!

BCC and it's disaster and some opportunities

Since the split Bitcoin Cash has given us a lot of opportunities to make more bitcoin. It started at around 0.08 BTC per BCC and it went from this number all the way up to about 0.47 BTC even a bit higher. I remember everyone saying they would dump their BCC as soon as it would get on the exchanges. Well that's not what happened, however that's because most people had their BTC on Cold wallets like the Trezor and Ledger. If you had your Bitcoin on a cold wallet you were in pain, because exchanges didn't accept deposits onto them for quite a while, so all we really could do was buy cheap and sell higher.

Bitcoin Target

After Bitcoin Cash went back down Bitcoin started to gain steam again. Bitcoin was nearly 2 months in a trading range, yesterday it finally broke out of that and we're looking at new targets now. We will do this by the use of Fibonacci. Let's take a look at some targets I see that's possible for Bitcoin.