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Bobdinski

Clear Bitcoin resistance levels now appear to become support

Long
Bitcoin (BITSTAMP:BTCUSD)  
Bobdinski  
BITSTAMP:BTCUSD   Bitcoin
BTCUSD Bitcoin (Cryptocurrency) china
12
0
btcusd bitcoin china
Will these resistance levels now become support in the rising wedge. Recent price action and various indicators suggest likely. Worth placing large orders once the support levels are confirmed by trend. Targets price includes 190, 400, 650, 840, 1225. Interesting multiples. What could possibly drive the wedge down in this economy? Look at 2200 UTC time period 7am in China market. Confirmation of Chinese accumulation as the currency devalues. IMO this is driven by Chinese pride in not openly defacing their currency, but knowing it will have to devalue as GPD decreases.
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