btc forming evening star after that candle
evening star is bull comes back but thy are knock downed with shooting star
bulls try again but bears comes and take away bull gains and continue the bearish mommentum
double bottom at 23000 cny for btc.
btc found support after the fake news.
this market has become a bit more dangerous, but actually btc is always a dangerous thing to trade, since 2010.
just control your risk, and dont get panic, sell or short at reistance and buy at support, it can never be wrong.
Bitcoin is retesting the top of a channel that has been in place for several years. The channel is apparent on the log chart, and was broken out of during the bubble of '13. Short term I expect more potential retracing, long term (next couple of months)I predict a similar bubble to '13 forms in the fall of '17 (due to recent attention and hype in the US). After...