Same path as late 2015 and early 2016 but much slower pace
Same path as late 2015 early 2016
The slope of the trend line is increasing at shorter intervals until we hit the previous All Time Highs
Too much too fast. But still in the bull trend!
The trend line which started in January has been broken and retested. We are headed to low 200s.
BTC is following the same price action as the last big drop.
The same pattern as the previous big drop
I'm expecting a fall in price to the long term support level around 400 once price reaches the end of the triangle pattern
Despite the "good" news from Mt. Gox. The bears are still in control!
What does this mean? Any ideas?
It is what it is. What do you think?