BitcoinBearSlayer

Old McDonald bought some Bit-Coin - E i E i Oh-schit

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I had to modify my last triangle pattern a bit due to the last turn but the end results may very well be the same. I still think the length and depth of this bear market has been too short to be complete. $6800ish appears to be a near term target to be followed by another rejection. An even worse scenario would be a breakout at $6800 to $7K or so followed by another sell off trapping even more over zealous bulls. (Again)

I'm still flat but may trade in and out a little to scalp a few bucks if I can. Otherwise I'll just continue to wait for the real bottom to complete.
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