Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
we are working on the handle of a cup which dates back to early march. be patient. it takes a little time. i am beginning to think that 700 will be no resistance at all.
I present the Matroska Cup & Handle pattern:
Which would place touching the previous ATH into late Q3/early Q4 2014, and actually making a new one into 2015.
I'm okay with that, matches my own (fuzzy, LT) ideas pretty well, but this is probably a hard sell to the salivating bulls that want to break $1000 in 2 weeks from now.