julius.tilvikas
Short

Will it be Head and Shoulders or Double Top ???

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
387 0 0
It looks like BTC ran out of gasoline for a while. I see bearish divergence: price is fluctuating and forming triangle, volume is declining MACD is also bearish . The main reason why - it's time to cash out insane profits.

I draw some resistance levels, to get back to long position which in the long term is bullish anyway.

Should I be wrong, and it will not reach any of these correction levels - it will skyrocket, at least to 1500 zone.
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