Bull and bear scenario for Bitcon

Description

⋅ Jan 10, 2016 2:40 PM

Major Consolidation has been taking place in the form of this triangle. Soon BTC will break out. Right now I am leaning about 50/50 each way. Given Bitcoins volatility when it does break out of consolidation the move could be huge.

Bitcoin (Cryptocurrency)BTC okcoin

Comments

thsds2

⋅ Jan 11, 2016 10:32 AM

This is the most reasonable position we can take. A major break is coming, but is still unclear to what direction it will go.

Fanatik_

⋅ Jan 10, 2016 3:17 PM

Nice chart man, I speculate moon.