HijackedT

Sale ending soon (Bitcoin)

Long
BITFINEX:BTCUSD   Bitcoin
Looking across at the volume bitcoin has had since its first major dip on the 22nd of December we can see that the volume has not come anywhere near as close as when bitcoin hit $8000 on the 2nd of February. This shows that there were a lot of buyers at this level. On the chart I have marked this as major support in_gold. I believe this is where we will have the peak of the inverse right shoulder. I can also see that at this time the MACD will be coming close to the red trend line where it may bounce back up again for the fourth time. The volume created from hitting this level again should be huge and enough to push us above the downward channel. Once above the channel there will be a steady climb to the neckline of the inverse h&s. This will complete the pattern and create the biggest run bitcoin has ever had. Good luck trading this will be the last time bitcoin is worth $8000 ever again.
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