CorySchulz

BTC Correction Pattern

CorySchulz Updated   
BITSTAMP:BTCUSD   Bitcoin
These are the points of resistance and support that BTC will hit while it's correcting. For people who are new to this, I hope this helps explain the levels it jumps between and how previous points of growth affect the shape of the curve later on. I think we'll see it pull back to about 11,100. Place your longs and shorts accordingly and enjoy the ride. After it touches 11k we're looking at going to 30k. Enjoy the ride.
Comment:
Wow, went straight to 10,400. Could come up and then go back down
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