Current state of BTC

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
397 4 3
Recent sideways and breakouts...
A lot of nice work on this chart. Can you explain it a bit please.
eonomia Lebowski
Thx for your comment, at current moment i think when the BTC market break one of it's historical levels , it goes to sideways patterns and act as a countertrending market until it can gain enough momentum and make a higher high to find a breakout at the top of it's sideways patterns with increasing distance each time at a fixed percentage
Lebowski eonomia
Dude sees what you mean now. What do you think will happen next?
eonomia Lebowski
I think it will go even higher
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