Correction or top?

14 нояб. 2013 г.

Bitcoin seems to be in a minor correction ATM. The pattern at hand pretty much resembles the correction on 7th of November (blue box on the left). With overall sentiment in mind, i.e. general buy-and-hold mentality, state of the order-book and bullish sentiment, i am led to believe that the odds are in favor of still more upside in the short-term, before a major correction is to take place.