xHarleysx
Long

BTC - recovering lost grounds

BITSTAMP:BTCUSD   Bitcoin / Dollar
After the "shocking" correction that everybody is crying about we may see BTC             going up again. As you can see on the chart it has broken the resistance line expanding the opportunities and signaling a new uptrend. OR it was just a pump and it could go back to the 13'000 levels, and maybe even to 8K if everything goes wrong.

This is my first post and I'd love to hear any opinions on this matter!

Cheers
Until now, your prediction for a bullish scenario is spot on. Let's hope it continues the way you predicted...
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that is not even a resistance..price dropping it seems...15400 can be taken as granted..nor we will see more down again
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We need to sustain above 15260 to confirm breakout imo, still alot of money on the sidelines
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@ant187, I agree, but remember, humans trade, and newbies rather see a 15'000 than 14'999. Its psychological :)
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