ajmd_trades

Bitcoin, markdown v. distribution

ajmd_trades Updated   
BITSTAMP:BTCUSD   Bitcoin
Patterns repeat themselves everywhere. For fun I decided to mirror the image of the "eve" bottom around april before the big squeeze (BGD, Jesus Candle, etc.) and show what it might look like if we chop around where we currently are.
Comment:
Kind of expecting it to make a spring after it touches ~$6850.

Here is what I mean:

Time to get popcorn ready, because if this doesn't bounce soon it'll nosedive
Comment:
Squeezing looks to be starting already. This may not even touch down like I thought, it may just climb up from here
Comment:
Since it broke through $6800 clean as a whistle I am no longer considering this valid and am likely going to be looking more for something like my other ideas - although I am expecting a good bought ~$5.5, $4.9 to $3.8 looks like a likely midterm range

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