TahirAhmed

Bitcoin's Head & Shoulders Over Exponential Body

BITSTAMP:BTCUSD   Bitcoin / Dollar
Shown here is a pretty clean Head & Shoulders pattern on top of BTC/USD 's exponential rise. The neckline has provided support for the crypto-currency thus far, but for how long? Will the form a second right-shoulder and crack under pressure? That's the view I'm subscribed to for now. It's difficult to imagine this rally carry on for much longer - but hey, stranger things have happened (i.e. Tulip             mania).
Bitcoin trending as expected. Can we break that Neckline and put in a top and pop this bubble? I believe so (or at least it's looking rather probable)
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