Uncomplicated

Most likely the only two possibilities for Bitcoin

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BITFINEX:BTCUSD   Bitcoin
We have witnessed a crazy downtrend in the past days for Bitcoin. In my opinion these are only two possibilities for BTC.

1. It will breakout of the downtrend resistance, this would lead to a new bullish trend. I see this happening, looking at the developments today regarding acceptance and investigation of the possibilities of blockchain technology.
2. Too much resistance, continuation of a bearish market towards $5000-$6000?

What do you guys think?

Komen:
Looks like we are close to a breakout.
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