Randall_Smith

BTC Short Term Update

BITSTAMP:BTCUSD   Bitcoin
Hit 51.6 today, path A invalidated, possible bull div on RSI, might see a sideways consolidation above channel floor 53-52 region. Looking for break at or before area of confluence where wedge ceiling meets with trend line floor around 54k. Need to flip 59.8, if rejection, price drops to 56 for a retest and flip for bullish confirmation and then up only. Main target is 73-74k Path B being the more aggressive move, C being slower and methodical
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