This is what's happening to BTC currently

13. Juni 2016

Overbought. Look at chart for the reason.

24. Sept. 2016

Anmerkung

Notice how price is still respecting the median line of the pitchfork (mid-price channel), testing it a few times recently and failing to break above it, instead pivoting downward off of it. That's the power of the dynamic price and time tools.

Watch for a test of bottom channel for another long-entry opp.