SUB 5K? SIDEWAYS? End Chinese New Year BULL Run?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
First of all, check out the sideways action we got on our first drop. Price Action played in the 38 to 78 area for some time.

Second, look at how it MAY occur again in a few days, playing in the 38 to 78 area, before ultimately going sub 5000.

Oh I forgot, we're shorting this.

Third, the end of CNY seems to perfectly coincide with the end of the falling wedge ... making room for new money, or idle money (Asia), to come back and pick up some cheap bitcoin .

See that green circle? That may be a longshot or some heavy speculation, but *expect* to go green, breaking the white dot resistance, at the green circle.

Let's see Asia wants to pick some cheap BTC (you know they will), and where they can take it.


Let's see.

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