Adam-Cox

Testing support for re-test of prior highs.

Panjang
BITSTAMP:BTCUSD   Bitcoin
BTC found support on the lower cost basis level, and thenrallied to the upper line.

It appears to me that substantial profit taking has not taken place (yet) nor has breakeven trading. In other words the market has seen some real "Hodl'ing", which bodes well either to stymie any downside panic attacks and also to aid the prospencity of further rallies.

So I am still holding and will manage further longs as see the market unfold over the next couple of days.

#btc

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