BTC Cup and Handle

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
483 6 7
Breakout of 500 if Cup and Handle plays out
top !
what about the inverted adam+eve on the bigger picture?
TheChasm IAmSatoshi
Well that is a confusing question because your timeline is much shorter than mine... so on the smaller picture, absolutely! Cup and handles typically retrace around 50% of the move before advancing and coming back to visit low 300s (again) at the 50% of the move before moving back up to test 500 seems a likely scenario.
Dear .what do you think of the short term?
TheChasm xiaoxian
Xiaoxian, I'd like to see a drop to at least 350 first... But only to buy more coins... I am holding a long position for new highs in the spring/summer.
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