3 drives pattern complete

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
124 0 2
We've been in a downward channel ever since the recent high and we've hit the bottom. One more run at $310 is possible, but it's time to exit the channel and test $350 resistance, which I expect to break. Next target is $400 resistance. After calling a profitable short from $380, I stopped all my shorts at $322 and went long at $323.

Also of note is that the moons seem to be lining up now ever since the 3 bearish supermoons earlier this year. That's why I expect at least an interim rally before continuing the bear trend. The next moon is bullish .

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