Everything about this screams indecision! Whichever way we break, it'll be massive.
Not necessarily. I'm half expecting a revisit to $160-$170 if things get bearish. But it will be on lower volume and act as a way to clear out the few remaining bears and weak hands--however the initial crash did a pretty good job with that--and will act as a spring upwards. Since the weak hands won't be there to dump into a rally, it will be stronger and more sustained. This is why large reversals follow large crashes, and vice versa.
Found this on some thread. That is the second bottom you decribe, right?
If we follow the 2011 pattern it seems to go perfect with my $266 sell and my $134 buy that I was planning
Gox was around then, meaning Karpeles. He is gone and so is gox. But perhaps? Good luck.
