BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Corrective Triangle technically complete. Additional lows to $260 and $200 could give us "throw-over" for wave E, but the indicators don't look like they'll tolerate much more than that.
This analysis write-up explores some evidence that the bottom is imminent - if not already printed. No confirmation yet, but mounting evidence:
+1 Reply
Good pick on anticipating the crash below 300
venzen LumbridgeCity
Thanks for saying, yet those are just technicals in the chart - I didn't want to believe it at the time but they just kept coming up since May 2014. In fact, today 24 Jan 2015, there's still one outstanding at $140. Good grief...
+1 Reply
Switching from logscale to semi-log moved the price labels annotated on the right of the chart... They're in the wrong position but those are targets: 460 then 600 then a larger correction
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