MSS007_008

Bitcoin - More pain ahead...?

Long
BITFINEX:BTCUSD   Bitcoin
The Long-term wedge on the 'daily' has been invalidated indicating more falling in price to go. A double-top to-boot indicates we're entering a new phase in Bitcoins evolution as we experience consistent multi-month lows during a bull-run; playing devil's advocate does this instead represent a change in bitcoins price action where we experience reduced volatility during bear phases - 50% and not 85% as in other cycles, and then a period of 'ranging' before the next run-up begins?

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