themerkle
Long

Triple bottom suggests trend reversal for BTCUSD

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Looking at the 2 week chart we can see a clear formation of a triple bottom. Such a pattern is used to predict the reversal of a prolonged downtrend.

This whole month has been full of volatility so we may see more movement soon. I am remaining positive that we may see upward movement soon.
Read more: http://themerkle.com/coins/bitcoin-technical-analysis-12816/
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