ItisCalvin
Short

Long Term Downtrend Broken

BITSTAMP:BTCUSD   Bitcoin / Dollar
The moment I have been waiting to see for some time has come! We pushed up and broke the long term downward trend. It looks as though it is acting as a support line but that may end soon and a new line for the upward trend will have to be drawn.

The bulls have gotten out of the meadow and are looking to fight. Bears have still got some fight left but are tired after these past few months. It may be a struggle for some time before the bears go back to the cave.

Bear Target: 485
Bull Target: 529

Angry Bull: 550
Hungry Bear: 469

Time Frame: May be till the 21st that some targets get hit.
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