Decision Time for Our Favourite Cryptocurrency

3 Nov 2014Overall, I'm still short-term bear but there's been an interesting bit of divergence on the indicators on the longer timeframes. This current channel seems pretty concrete and I don't think Bitcoin will break it. If it does though, who knows where it would be headed? Looking at the convergence of indicators, this next move might be big or the prequel to a big one. Perhaps one of those medium-term trendlines will be broken.