BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar

Bitcoin is trading inside a rising wedge pattern with clear weakening bullish momentum.

Most likely the price will reach a supply zone around 1360 and drop under pressure of sellers.

Bearish breakout of a rising wedge is a good trigger for confirmation traders.

Good luck!
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I believe we have seen the bottom in BTCUSD, and here is why: I think we've seen the bottom. Just took a look at the daily chart and believe we could be seeing the pull back in the W4 pattern (has all the earmarks...the lengthy formation/channel; perfect 1.4 pull back; and a double flat top-channel- on 10DA), which has remained well above the the 50; both having supported the upward movement throughout the move.
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