piriya33

BTC nearing major resistance zone, again.

piriya33 Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC has been looking good for a few months now and the Elliott waves formations are building up for a big break out some time in the future, will that be soon or months / years from now no one knows.

BTC is no approaching a major trendline (drawn from OLHC4 line chart) and judging by how it reacts to the resistance will be indicative of how it will behave in the month to come. Watch closely
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