Rookie398476049358670

I think this thing is going to the moon (/ground/) very soon

BITFINEX:BTCUSD   Bitcoin
Rocket launch coming in 3,2,1... though I'm not so sure about the direction.
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Failed to break above the upward trend line, made a marginal new low, but indicators still intact, plus at the bottom of the BB. Bad sign is lower BB is starting to curl down. Anyway, will know soon.
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The most bullish scenario is this large falling wedge plays out, in which case price is likely to return to over $15,000. However, the key is to defend the current price level, and not let the price move much lower than 6000.
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CNBC stops covering BTC. Very bullish.
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Price has been consolidating above 6000. Not a good sign.
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Now the price action looks very dangerous. The next impulsive break down could take the price all the way down to <4000.
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