Bitcoins rise amidst Syria global tensions

Sticking with Tradeview for another chart we can see how the fork i drew has not held, there has been another bout of buying lifting bitcoins to higher levels.

 

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Based on the slope of the pitchfork I’ve drawn in a parallel slope showing where I next expect significant resistance might be encountered. At this time that lies up at about $170.

The bubble collapse is not following the script, far from dropping down to long term resistance we are breaking out to new short term highs. If you were quick and bought that low around $70 hats off to you, nearly doubled in value since then.

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