lnostdal
Short

Back to 300 again?

BITSTAMP:BTCUSD   Bitcoin / Dollar
97 2 2
We didn't break the orange upper downtrend line this time either, so it looks like we'll be visiting the bottom of orange triangle. Somewhere around 300-308 or so; if bottom holds.

This might not even be a triangle, or it might break just as easy as the one with 345-350 bottom did.

It seems almost amazingly stupid to "have to" go down again already – and there's not much room here so I'm not feeling overly confident about this.
..we've actually retraced a bit down (almost 50%) already as I posted this; again I'm not very confident about any position here. If you're not already short from the top I'd be careful.
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