zakkh333

BTC Cycle Low next month

Short
BITSTAMP:BTCUSD   Bitcoin
This decision candle (because large upper and lower wick) is leaning bullish (because of the bigger lower wick, think of it like a spring), so a small rally (not significant) could be in store. The EMA 34 seems like a good place for it to stall out, with that being a local high, and starting a decline into the cycle low between 10-14K (orange line is the path). Should we not reach there by January 15th, I was wrong, and will then believe the bottom is in.
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