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RE: Bitcoin Surge= Bitcoin retracement
Could be even higher than $7k, but current bull trend is already a 13 fold one (150 to 1900)... Weekly chart didn't crossed for year and a half... Pump is ongoing... Btc chart looks like Xau gold chart back in 2011, forming moon cakes... There is one price point to look for, at $2400 mtgox goes out of bankruptcy and 200k new btcs hit the market...