See and observe the breakout of BTC price above the top white trend line of the bull flag pattern. Please note my earlier blog posts which stated that the prior brief piercing of the bottom trend line was bullish and that sentiment has now carried prices to a breakout level.
So, where to from here? The upcoming and expected fork could carry BTC prices higher, primarily driven by the desires to capture the Bitcoin Cash forked coin lottery tickets. I too have sold 1/3 of my alt coins to add to BTC for the lottery tickets.
Please note that BitFinex has confirmed that it will distribute the forked coins Bitcoin Cash to their client wallets. This could add as much as 16% of gains for all BTC holders.
For BTC price, I believe we go higher from here.
If this blog post has entertained or helped you to profit, please follow, upvote and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.