BTC Possible Symmetrical Triangle Forming

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
View this link to Bulkowski Wave Patterns: http://thepatternsite.com/EWTriangleSymm...

The three wave move from 12.1k to 10.5k could be our leg A. Using fibonacci extensions of leg A, our current 3 wave move from 10.9k could be subwaves 1 and 2 of wave B. This would mean we hit a Lower High at resistance around 10.8k to finish leg B, and return to ~10.7k to complete leg C.

Will check in on this and update accordingly...


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