chewner

Bitcoin 2014 Crash Overlay Update

Short
BITSTAMP:BTCUSD   Bitcoin
The definition of insanity is doing the same thing over and over expecting a different outcome. The major bear market trendline is still intact and ultimately kept the bulls from going any higher. Most charts are going to tell you were out of the bear market, but i'm here to say we're not and could possible continue to follow the 2014 trend right to the bottom. There are some good swing opportunities coming up from 8200 range up to 9500 range, then I expect a major correction back down to 6800. I'll update the pattern as we go along

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