stantankeuros
Long

Giant Bull Flag on the 4hr

BITFINEX:BTCUSD   Bitcoin / Dollar
890 3 27
If you ignore the mess the EFT hype made, this looks pretty much like a text-book bull flag .... let's see
Comment: $100+ up and forming a nice Big W after a successful breakout. We'll see if it keeps running to ATH and beyond.
Comment: BFX has hit the top of the channel $15 below the end of the flag, but with all the fiat problems there it has been off the reservation for more than a week +$100 above other exchanges.
Comment: Here's the same flag on BTC-E which shows they still have some catching up to do:
snapshot
Comment: Flag top reached on BFX, channel broke to the upside, but there are still fiat withdrawal problems there... where this goes from here is anybody's guess, but overall it looks bullish and we're above ATH on most exchanges.
Flag top reached on BFX, channel broke to the upside, but there are still fiat withdrawal problems there... where this goes from here is anybody's guess, but overall it looks bullish and we're above ATH on most exchanges.
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nice
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We could ignore that (I mostly did!), but whether we can ignore the subsequent noise from BU is another question.
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