All time high trendline rejected twice, drop to 370ish incoming

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
607 9 6
All time high trendline rejected twice. IF some bad news comes out (maybe about XT             extensions?) there's no more bulls and a drop to 370ish is probable.
It's trading analysis you did, it's just put a line and hope to scare peoples :x
Tulsene Tulsene
it's not*
bordev Tulsene
it's just an idea, I'm sorry it scares you
I'm not scare at all, support is strong, there is an high demand, why should I fear of anything? we will see in the next few day. My guess? Figure it out
bordev Tulsene
I hope you're right, I'm not shorting this btw
bordev bordev
looks double toppish, I'll short this when it breaks more down...
what is the "All time high trendline" ?? you just connected two high points on the chart - that is without any meaning
bordev Corben
yes that line, call it whatever you like
How about a failure of the Fed to hike as a catalyst?
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