Update (GOX) - The 4-Digit Choo-Choo Train That Could? #Bitcoin

Friends,

I just posted a #BTCUSD chart that belonged to the BTC-e exchange, but that's because it's being traded on this and that and other exchange, and quite frankly, from our little tree house here, we simply look through the trees, stick our fingers in the air and simply state where the prevailing winds will blow. In other words, the exchange does not affect our predictive analyses and forecasts.

In the case of this BTCUSD/GOX, our bullish bias remains unchanged, as it was for the BTCUSD/BTC-e exchange (see that other chart here and targets here: tradingview.com/v/IN1toJWk/).

A narrow positive divergence is underway at the moment, and if complete, we would expect a strong and sustained materialization of our forecasts. In the case of any adverse excursion, 895.32 remains still a respectable reference to concern bulls and gently awake the sleepy bears. However, we are not near this, and the scenario ahead is that of a "little engine that could", on its way to fit its fourth digital wheel and roam among grazing bulls in the grassy knolls ahead ... Or is it simply too naive?

Cheers,


David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
Denver, Colorado USA


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