gutpunkt

Chart and Resistance Idea for Bitcoin next Month BTCUSD

BITSTAMP:BTCUSD   Bitcoin
All the new money is weak money.

And we all now that BTC really needs that cooldown. Old money is going to cash out after that rising wedge which will lead to an H&S. When this is done I would be really happy with BTC touching that old resistance line from the last two corrections. In the best case it would be under 10k. There are many people waiting for that price to buy in and if lightning works I can see a good Recover from the dip.

Buy the dip guys.
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