BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I am not convinced that the bulls have the momentum to keep this rally going. The daily trendline is strong and it looks like we are setting up for a shooting star that has bounced off the trendline earlier today at around 11000.
On this one i cant see for me. BTC looks determined to break this mega resistance barrier on the down trend line. For me, this is perfectly set up for a late night early morning break out. Bit of a rest before the big push through i am personally waiting for....may not happen its just that everything seems to be aligning to create the condition where it can make a sustained push.
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Do you think I should wait for the Fib line at 11250 or when it hits the trendline at 10850
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