BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As many of us have noticed a very large pennant has been forming and coming to a close.

Also, the long term bollingers are pinching up nicely!

I dare be specific enough to say that mid june might be the breakout/turning point. If this trend does in fact reverse, this is where the big play is made.

Same is to be said to the breakdown.

If we fall downwards I will short hard, watch for that sweet hard double bottom sell off and hope for a healthy bounce upward. Otherwise, Ill continue with the trend.

can't agree more
+1 Reply
Well, there is the breakout upwards.... lets see how this plays out!
Itchy_Craphole Itchy_Craphole
@Itchy_Craphole, Dear past you..... It played out great!!! :D
Take care of that itch. No way to go through life.
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