czarly
Long

We are good to go

BITSTAMP:BTCUSD   Bitcoin / Dollar
273 0 4
I don't call targets since there is too much resistance on the way resulting from the bumpy way down. But lets say everything points to 10k in the very short term. This is a classical triangle pattern with low volume and visible accumulation paired with the deisbelief of the bears in the market that are ripe to be converted to bulls. the next test of the upper edge of the triangle will break trough and will trigger a bunch of bear stops.

http://3.bp.blogspot.com/-Zv-t8f7SbJ8/UgymOZNzhiI/AAAAAAAAAbQ/gpkcXSXASaw/s1600/ELLIOTT+WAVE+THEORY+%E2%80%93+TRIANGLE+PATTERN.jpg

Watch out for the alts. NEO, VEN             , ADA             . they are about to leverage on the BTC             recovery.
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