Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Bitcoin is doing the same as always, regardless of any news like mount gox selling thousands of btc or other fud news, however its forming a harmonic pattern right now, clear as the blue sky.
It would be risky to tell anyone to short it back into the right shoulder and then using their short profits to open a big long to finally close out at those juicy 30k+ targets, but this is where the money is at #HighRiskHighRewrard.
I also noticed the inverse head and shoulders but I think the support is 24k +/- a couple hundred dollars rather than 21,688. Although, I can see its a plausible level to re-test but at this time I think 24k is strong enough to hold