ProfitHarvest

[BTC] Snaking Up to BREAKOUT! Will It Collapse BEFORE?

BITSTAMP:BTCUSD   Bitcoin
We are very clearly winding up just under the pink trend fractal to the green peak trend fractal.

I made some great plays today with the starting assumption that Price would make it to test the pink line again.

This is where it gets tricky though... make or break! If it can't cleanly break over green it needs to head lowers to test 17k before it has the strength for another shot.

If we do break through we'll see something like a blowoff top and still have a decent chance of testing 17k again, just later on.

Data analyst with a passion for best fit lines B)
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