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SunnyMorning
Jan 26, 2016 12:21 AM

Bouncing Bitcoin heading to $500 Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is making a triangle now. Also on H4 Head & Shoulders is visible. Due to divergence on Weekly to daily chart between MACD and RSI and price chart it must fall down. But not deep, just to the next SR which is about $320 or $315. From that it rebounces back to $400 and $500. Halving is knocking on the door and price will make it to $2000 this time
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