In my previous Bitcoin post I foresaw a bearish triangle and a potential fall ahead. With today's bounce from the bottom, the triangle pattern is nearly complete.
This post serves as an indication for the possible strong volatility ahead. Since Bitcoin is due for a correction, I'm edging towards the bearish side. Assuming the triangle will hold, we will see some more bullish action today and bearish action for Friday and Saturday.
It really looks like its gonna break upwards... Will you wait for a break above 34.000 to confirm?