Bitcoin
Short
Updated

Bitcoin 2014 Crash Overlay

17 559
I've tweaked the chart a bit from the very first one I made a month ago. Still the same outcome, this just shows the resistance and support lines a line better. Red line is Metcalfe's Law for Bitcoin and where it's user value truly is, anything above it is pure speculation.
Note
Here's a quick video I made showing how to use the Bar Pattern tool to make the overlay: youtube.com/watch?v=b1aIQyGjigA
Note
didn't catch that I had drawn one of the lines a little incorrectly until earlier today. Upper target reached and shorts have the power now. snapshot

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