The Going Is Tough For Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is the only chart you need right now.

I am still long on Whaleclub from $360

However, the time to close may be approaching. This bounce is weaker than expected and news/fundamentals will probably not see it go above our high of $450, especially with massive trendline resistance.

Target to close long: ~$435
Target short after long close: ~$400
Very nice call!
think we'll bounce here? been around day with hardly any movement.
EDIT: I am no longer long, I closed my long, but not ready to short. Will go long on trendline breakout
Galvin alste.
We haven't retested the trendline on china. We could still go up 10 usd and still be bearish.
Not sure if china is going to reach 2900. Thought it would of happened friday, but the breakout died out around 2870.
Ya i've got something similar going: me though, another rise up will more likely break through to the upside, otherwise we just continue to drip down until we dump to the bottom trendline.
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