pragmaticbestfit

Possible last dip to Feb. 6. triangle bottom.

BITSTAMP:BTCUSD   Bitcoin
Maybe there is a last dip to the bottom of triangle starting from Feb. 6. before a turn around. Or if we clear all the resistance lines maybe we are ready to go test top of Feb. 6. triangle.
Comment:
Over all my theory of a little more downwards movement seems to be on track. However I will note that if the rebound to the up side does not happen relatively soon I will be worried that price will break below the 7200 area.
Comment:
Forgot this very old channel (see link) which might be keeping us from hitting bottom of Feb. 6. triangle.


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