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.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out