Bitcoin/Euro view
Because a true bull market must be seen in all currencies,
on 27/3/14 lost its 2013 uptrend line, its trying to regain
it after breaking out of the large (top) triangle,
hitting resistance at 500, and correcting to 50% and 0.618 retracemenet..
under its 200 sma, holding its 20/5 uptrend line, and directional line.
Failure to rise above, breaking the upward slope,
will result in falling down to channel bottom.
Because a true bull market must be seen in all currencies,
on 27/3/14 lost its 2013 uptrend line, its trying to regain
it after breaking out of the large (top) triangle,
hitting resistance at 500, and correcting to 50% and 0.618 retracemenet..
under its 200 sma, holding its 20/5 uptrend line, and directional line.
Failure to rise above, breaking the upward slope,
will result in falling down to channel bottom.
