OKCOIN:BTCUSD1W   Bitcoin / Dollar Forward 1 Week
52 1 1
Consolidation basically from our January low to possibly June 1 on the daily.
For the fib fans, price seems to have settled around .5 fib retracement over that period.
Who knows...maybe a historic move in the works by June 1 or 2 at the end of this giant consolidation period.
We started getting some upward movement 2 weeks into June after some fairly extended stability, but I'm still just trading very short term positions until a solid trend develops. There's too much drama around the Greece/Euro issue and US Fed rate increase for me to only trust TA.
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