ZDRuX
Long

BTC need a break before going higher

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I see some people trying to buy up this recent drop after Brexit. I've seen charts showing there is an inverted H&S on the 60 min... guys, this is why retail traders lose money. This is nothing but a continuation of the drop. It's a dead-cat-bounce, the move down is NOT YET COMPLETE. It doesn't even have anything close to a double bottom or a reverse head and shoulders .
Comment: Sorry, first markup on chart should say "BUY THIS IF YOU DON'T LIKE MONEY" :)
Comment: Wow, ignore last update.. it was correct all along. I must need some rest.
Agreed, looks similar to what I have:
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