shollows

Bitcoin (BTC) is nearing bear top ... aaaagain

shollows Updated   
BITFINEX:BTCUSD   Bitcoin
We are going in a one of these directions and hopefully not the one where we say ouch ouch ouch !

It has been a positive and profitable time recenty so think happy thoughts and look north
Comment:
Maybe some of those lovely Buy Whales will come along and give a huge push just near that line and kick us out of the bear run.
Comment:
The price just took a big leap upwards and stopped just at the bear top (purple line) .. further validating its existence and strength

Its going to take strong buys to push through that line. Maybe some nice USA Whales on the east coast will wake up soon (its Friday 7am now) and jump in on the action.

However a large drop is quite likely so play carefully over the next few days because even if it breaks through it can still get sucked back under

Fingers crossed for a breakthrough, but it could go either way
Comment:
This looks great - the best case scenario happened and I think the bear market is now over !
Comment:
For the records - the the price moved up quicky to just underneath that top line - waited and consolidate for 12 hours then had a strong surge to punch through it on the first try.

Game on !
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