chewner

Bitcoin 2014 Crash Overlay

Short
chewner Updated   
BITFINEX:BTCUSD   Bitcoin
I've tweaked the chart a bit from the very first one I made a month ago. Still the same outcome, this just shows the resistance and support lines a line better. Red line is Metcalfe's Law for Bitcoin and where it's user value truly is, anything above it is pure speculation.
Comment:
Here's a quick video I made showing how to use the Bar Pattern tool to make the overlay: www.youtube.com/watch?v=b1aIQyGj...
Comment:
didn't catch that I had drawn one of the lines a little incorrectly until earlier today. Upper target reached and shorts have the power now.

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