GerryB

Rising wedge

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BITSTAMP:BTCUSD   Bitcoin
It's hard to not focus on fundamentals in any case but it is what it is. A good correction to 42500K would be healthy and shake out some weak retailers.
There is also a symmetrical radius on 20 July with a blue medium which i expect to follow roughly. The daily candle looks week in candle structure and volume which indicates indecision. The pitchfork provides some validity to the touchpoints in the short to medium term.

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I only back one horse. It has the strongest legs i have ever seen. Not a maximalist in that other coins do not add value or profit. Stay safe. Guard your keys

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