Following the Trump win, i am uber bullish once again. We have seen the hype before and its effect - this chart is a retracement which would fit the cup and handle senario, so it is possible even if unlikely
BTC historically has major support at each of the key levels of retracement from its move down. The order book on all of the exchanges looks strong at $680 and the bears are thin up to 720. $645 is my lowest expectation, BTC rarely retraces this far. I believe the funimentals behind the move down were: - The "news"(/manipulation rumour) from zero hedge isnt...
Expecting BTC Continuation pattern with a bumpy ride through 608-625 before return to 2016 to long term bulltrend at $685 in December. Just an idea. Happy Trading.