ChartArt

Will Bitcoin crash? Or is now the time to buy? Part II

BITSTAMP:BTCUSD   Bitcoin / Dollar
The chance that this is the long awaited uptrend is growing. This is an update of my original chart, which I created 1 month ago:
Will Bitcoin crash? Or is now the time to buy Bitcoin?
In this update I optimized several indicators to better reflect the current trend.

Overall it's looking good. But 2014's downtrend has not finally been broken as of today. That's why I post this as a neutral outlook.
Saturday morning, December 20, 2014, week 51


still no uptrend, possible downtrend according to stochastic

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P.S. The entire Gann fan is only using MtGox December 2013 high and 2011 low
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02:05 UTC
Monday, November 17, 2014
Current price: $403

It seems we have a breakout out of a range on the daily chart and could start an uptrend on the weekly chart (SAR not using default settings shows bullish signals now, the classic SAR is still bearish):

snapshot
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Zoomed in version of my chart:

snapshot
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Zoomed out you might see the issue why I posted this Bitcoin price outlook as "neutral" and not as "long":

snapshot
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