BTC has formed a mega coffin of life pattern
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
This signifies that BTC is in an incredibly bear-bull market. Based on my predictions and from all of the TA I’ve seen on this site, there’s a 50% chance its going to go up and a 50% chance it’ll go down.
I’ve found that the longer you spend trying to analyze the charts, and the more lines/names you put onto your chart, the more time you waste. Which is absolutely perfect for providing strong TA.
Best of luck if you trade on this advice. I’ve provided indicators for what each scenario might look like.
