Next week will be full of suprises, but even with the dollar on the truck i do not think we will rise back up again.
If we will break out of the trendline i think we will tag the 50EMA before we will fall to the green line that holds massive support.
Based on the MACD and the Slow Stoch i can see there is not much potential for another upmove, the big red...
With this momentous breakout of the 2 year downtrend in Bitcoin's price, it can be difficult to imagine the possibilities going forward. I find repeating pattern's in Bitcoin's price history offer some direction. The patterns highlighted with the purple arrows are the price consolidation areas in yellow that have with a notable regularity formed near the 0.236...