babywhale

Bitcoin, my guess for rest of year

babywhale Updated   
BITSTAMP:BTCUSD   Bitcoin
emmm, nothing to say, the chart says it all. This rise shouldn't last too much longer and I expect new lows. Simple as that.

Of course I could be wrong. I still have large position in bitcoin and holding for the long term.
Comment:
If you hadn't already noticed, I love wedges in bitcoin. Many of my most profitable trades come from breakout of a wedge pattern
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Told ya's… Yet another wedge pattern completed. Easy money.
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Hitting bottom of wedge and fib line around 4800... time for a bounce?
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Wow, dropped harder than I expected. The large wedge is invalidated. Although signs of reversal appear here. Maybe we'll revisit the 78.6 fib line soon?

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