SuchInternets

BTC Cup and handle to 3k

Long
SuchInternets Updated   
BITSTAMP:BTCUSD   Bitcoin
Will probably happen if bears aren't too strong and it happens in the next day (before the "scary" August 1st date everyone was freaking out about)
Comment:
So far it looks like first attempt to break up was denied. Curious to see what happens next though...
Comment:
Could be turning into a larger handle...could also be on it's way to failing completely.

Comment:
Definitely a much bigger handle forming. Not sure if it will succeed, but so far I've found that it fits nicely into the 2hr cloud support as well.

We'll have to see what happens at the end of the triangle to see how far we go up or down.

Comment:
It dragged out sideways for a while, but eventually made both possible targets :)

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