Projection for next 24 hours on Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
It looks like the momentum from the bull run has died off. There is a lot of uncertainty in the air surrounding the Bitstamp episode as well.

I believe once 289 is breached then it is a confirmation that we are heading back down, not necessarily to the recent low, but just above it.

PS: First published chart. Welcome!
bull-run is about to resume next 12 hours here from $292

My last chart which I posted was bearish, but that was for long-term, short-term the uptrend is not fully over
Yeah, it doesn't quite look like it's given up yet. I'm waiting for a true confirmation to break the trend that it has been in. I expect it soon, that's why I'm not asleep yet!
ChartArt Johnnyboyflow
bull-run is about to resume here from $292 (again) with $282 as the bottom :)
ChartArt ChartArt
The dip is taking longer than expected to resume. Current price $286.
Looks like I nailed it.
+3 Reply
ChartArt Johnnyboyflow
Yes, you did. Good chart!
+2 Reply
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