Im hoping BTC breakout of this downward slump but with the MT Gox dumping and the lack of new investors I'm thinking we are headed for major swing side ways AT BEST! I believe we will have a little momentum upwards but not break the 10K mark, at least not till end of summer. If I am wrong then we are headed for more of a bear market, I will follow up with another chart tomorrow!
#BTC #ELLIOTWAVE #BITCOIN #BULLISH #BEARISH
#BTC #ELLIOTWAVE #BITCOIN #BULLISH #BEARISH