TradingView
JuanAugusto
May 1, 2015 6:23 PM

(Update) Trends, Fibonacci retracements and double bottom 

Bitcoin / U.S. dollarBitstamp

Description

The previous analysis is being confirmed. The first possible bottom (yellow) is discarded, but RSI tendency seems to support the next objective in the surroundings of $275-280. This local maximum will coincide with a maximum at the SP500, since it is expected a drop around the end of May (see my related SPX500 idea).
More