BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
528 0 3
We are on the verge of a breakout, but it is hard to tell in which direction. I tend to think it will break out to the upside, but bad news could easily tip it the other way.

There are some lunar aspects that indicate a trend change, but what exactly is the trend? We have been going pretty much sideways, so it is hard to tell if this is significant. Other indicators include the 38.2% "healthy" retracement and the recent double bottom (?) at the 610 level. The black line indicates higher lows, and the yellow line indicates lower highs, so I expect it to stay within that range until it meets the bottom of the upward channel, indicated by the red line.

After that, we'll see. If you're quick, you should be able to make money either way.

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