Dawnchorus

Update-Potential Intermediate Top for BTC

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Dawnchorus Atualizado   
BITSTAMP:BTCUSD   Bitcoin
I'd posted about the potential intermediate top coming in a few days ago, and this is still looking like it may play out, too.

The fib sequence here seems to fit well.

We have a bearish divergence on the RSI on the 240.

The volume in the recovery rallies have not been great.

We are in what I think is a rising wedge.

So, I still am biased toward the case that BTC faces a real correction soon.

Please feel free to collaborate and respectfully disagree with different ideas if you'd like.

Thank you!
Trade ativo:
Looks like they even bull trapped it.
Trade ativo:
Looks like we're going into the 60k's at this rate. Thought they might stop it here, but nope!
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