Each passing week without a downtick gives more credence to Scenario A as price diverges from the downtrend.
The chart drawings are measurements of past fractals, not predictions of the future.
In concise Roman fashion, I am currently neutral on BTC . If price breaks above 200d ($280) I will be long. If price breaks below the local low ($210) I will sell out to rebuy at $90 or $50, but never short. It's always a bad idea to short Bitcoin , the commodity that has gone from 0.007 to 230 in 5 years.
Arize Chikun ARIZE! Shoutout to the btce trollbox for all the great pumps of 2013. Those were magnificent times.