Will history repeat itself?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
893 6 9
Looking at the unusually high sell volume down to $166, it appears that many sellers have capitulated. We are pressing up against a key long term trendline , and the similarities between the April / May 2014 bottom are profound.

For now $215 has shown significant support in the form of a triple bottom, and I am "cautiously" long (unleveraged).
Hi Sir,

This chart is not to predict price. The only purpose of this chart is to reveal we may have found bottom with consolidation moves between 215 and 245 on BTC-e. More like 218 and 248 on Stamp and Coinbase. However, this new bottom with consolidation moves between 215 and 245 will not be confirmed until we make it through the Feb. 26 to Mar. 18 confirmation box: http://i.imgur.com/NiqNjIR.jpg
Turco ProwdClown
You may be right with your call. It will be interesting to see how the market handles the bitcoin auction.
Keep our fingers crossed.
We need to be above 220 March 18th for the bottom to be confirmed.
Agreed. 360....
Agreed. See you on the moon.
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