we see a up trend , i think we already have hit the bottom, the bottom are very strong in volume, i dont think we will go more down as more think to get the price cheaper in btc. we see trend all years that middle dec bitcoin breakout. The first breakout already tested, the next one is coming as it looks.
BITSTAMP:BTCUSD BTC/USD currently sitting in a falling wedge. Should be breaking out soon over next the couple of days. Aiming between $11,500 - $12,000.
Head and shoulder forming on 4 hr -12 hrs charts . Retest of 8 k and then 7.7 K possible. Breakthrough of that support will lead us down to 7.5 K followed by 7.2 K.
I have started to enjoy looking for patterns, sure, sometimes they are not there when we think they are, but often they are there when we think they are not. So the closer you look, the easier to see everything is made up of small repeating patterns and frequencies. Sometimes it feels like it might be easy to see in a chart this happens to be one of those times,...