BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Now: not great not terrible

Above 9800 (Current longterm triangle breakup) - bullish
Above 10000 (Psychological mark) - very bullish
Above 10500 (Last lower high) - super bullish

Below 8600 (Current uptrend breakdown) - bearish
Below 8000 (Daily MA 200 breakdown) - very bearish
Below 5800 (Weekly MA 200 breakdown) - super bearish
Below 5400 (Current longterm triangle breakdown) - mega bearish and end of all hopes

Personally I think we are in long-term uptrend until we have not broke down weekly MA 200. Now we are above daily MA 200, that is a good sign too. But with every weekly 200 MA visit, chances to break it down are higher and higher.

Comments

made a MTA breakdown on it, this is my markup
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