liberix

liberix Updated 

A picture is worth a thousand words... If history repeats itself, maybe we'll see BITSTAMP:BTCUSD going down to the area marked with the red rectangle. On the 4H chart, BTC is already touching the near-term uptrend that started on October 24th, and just 100 dollars away from the MA100. It it breaks those levels, a bigger fall seems likely. Let's see what happens!