zupe891

Bitcoin Long Investing (old pattern update)

Long
BITSTAMP:BTCUSD   Bitcoin
The old pattern seems to be back in play. I thought we may have broken it to start a new pattern but that does not look to be the case anymore. I would be VERY CAREFUL here. If we get another soft-shoulder (pink top) below the last soft-shoulder.. this will be DEVASTATING to BTC price.. and we will likely see sub 6k in the very near future.

But... if we break 9.2k.. this pattern blows up and we are looking at a bull market.

We are in a very critical point here.. hold on to your butts.
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