BTC USD--The Coiled spring

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
304 0 4
Great trade coming soon, pressure has built up as much as possible, one side must win here. We are in the midst of the 30,50, and 100 day moving averages...also the blue line is horizontal support/resistance , the two red dotted trend lines are the new pennant that has formed. A great trade should be coming either way. My bias is bullish .

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