Jameve

BTC Triangle Bottom to be Tested

Long
BITSTAMP:BTCUSD   Bitcoin
1
The bottom of the triangle is in the ~$382-400 range which is to be tested very soon. I believe support will hold in this area leading to bullish reversal for the intermediate term (bitcoin still bullish long term). There is a possible panic on china news that could lead to a stabbing of $382 support but if that occurs there should be strong dip buying back to $400.

Watch price action but look to go long in the very low 400s/high 300s or mid 300s if there is panic (watch price action).

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