Heres a look at the bitstamp on log chart again.
The chart speaks for itself really, bitcoin is trapped right in the point of the wedge pattern, it has to resolve one way or another soon. Which way up or down? If my inverse head and shoulders pattern plays out (last post) it will be up. With bears seeming to run out of steam, key trendlines already broken through in the linear scale view and more or less all the bad new finished I’m thinking upwards moves are coming.
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