marvinrouge
Long

Big movement incoming ?

BITSTAMP:BTCUSD   Bitcoin / Dollar
option A (green) : we had this week a triple bottom on the trendline (middle pink line) and we are ready to break up the bullish pennant*
option B (orange) : maybe more likely, fall to 2xx during the next weeks, then hit on the historic trendline (biggest pink line)... And finally, break up the pennant*

*I know... 2 (long term) bullish options but this year despite the declining of the price, the fundamentals of Bitcoin have never been better than any other years. And the FBI auction maybe could ironically add fuel if for example we learn that the FBI coins have been sold far above the exchange price
marvinrouge
2 years ago
Triangle still valid so far !
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