onemanatatime

Bearish Channel, taking slight downtrend. Confidence picking up?

Short
BITSTAMP:BTCUSD   Bitcoin
2
New channel opening up while we tank on a slight downtrend. Will have to see where we breakout along these res/sup lines.

Looks like a bull flag; could it be the market just turned slightly more bullish? Still gonna take awhile before confidence picks up for Bitcoin to start climbing.

Will continue to drop until some big news comes along that propels the bull market & sends it climbing to all time highs. I predict March/April to be a super crazy time for Bitcoin. We'll see.

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