WyckoffMode

BTCUSD: A "PRECEDENT" Has Been Forged. Will it Be Broken?

Long
WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! If we are in a long term bull trend (according to the 9-Week Time Frame) and the Green Line in the WEEKLY falls "below" Level 50 "THEN COMES BACK UP AND CLOSES ABOVE LEVEL 50," the "odds" of the Green Line immediately turning back down below Level 50 "WITHOUT" making a higher high is SLIM AND NONE. Will this precedent be broken? Time will tell... I don't thinks so... But that is my opinion....

1-Week Time Frame:

9-Week Time Frame:
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9-Week Time Frame:
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UPDATE:

The beginning of a "Long Term Bull Trend" identified by what was mentioned in the Green Text Bubble for the 9-Week Time Frame (above) gives an indication DEMAND IS IN FULL CONTROL.
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90-minute:

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