FollowTheCoin

BTC Bear Market Ending?

Long
BITSTAMP:BTCUSD   Bitcoin
Extremely comparable triangle from the 2014-2015 bear market lasted ~651 days, we are now seeing this bear market has lasted ~658 days, I would expect to either see a breakout soon or one more large drop to ~$6,500 before bull market confirmation. Also note RSI is closing in on 50.00, which would indicate bullish, and the MACD has been in the red for a while, leading me to think there could be a reversal soon.
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