Cenotaph

BTC down to 7k

Long
Cenotaph Updated   
BITSTAMP:BTCUSD   Bitcoin
The last weekly candle is a clear indication of a correction coming (under normal circumstances).

Once it's at support, possibly ~7k, start accumulating for the next run up.
Comment:
BTC is making its way down as predicted, watch the .5 and .618 levels for a market reaction to determine when to buy back in again.
Comment:
10k is proven to be strong support, this is the 5th week above 10k
Comment:
Broken in the 5th week, we're moving towards the 8k support
Comment:
we're moving towards 14k and likely beyond
Comment:
well scratch that, 12k too strong of a resistance it seems
Comment:
There's the drop finally
Comment:
We're near the predicted .618 level, good price to start accumulating
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