CRInvestor

1hr Stamp - At a crossroads

BITSTAMP:BTCUSD   Bitcoin / Dollar
399 1 3
We are at a cross-roads. Higher time frame bull ab=cd still valid and working but literally caught between two OTE             levels. To matters even more pressing, we are also in the very short term caught in a MA sandwich! Which way does she break from here - stay tuned to find out....

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Yeah I thought the same on the huge double bottom... the price was weakened and bears have had 2 good attempts to knock this down and failed both times.. more interestingly they were weaker in their efforts on the second time which is usually a good little double bottom sign also I've found.

We shot up like a rocket after.. and since have been in limbo.. bears not wanting to risk another go down I think and bulls knowing that resistance up ahead is super strong.
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