AmritB

BTC probably gonna kill the shorts again

Long
AmritB Updated   
BITSTAMP:BTCUSD   Bitcoin
More BTC into the shorts and constantly fishing to reach a double top (right) and gonna cut them out there. Price will fall down to a likely correlated double bottom and explode upwards for a possible exit out of bear city.

Or rebound (green arrow) and continue another sideways correction.



Please don't take this as investment/financial advise.
Comment:
Approaching double bottom!
Comment:
I would start dollar-cost averaging now if buying into BTC. Very nice entry point approaching!
Comment:
Bullish divergence on the 5-min charts, Reversal could be close!
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