controllinghand

I was wrong Bitcoin is breaking all the rules yet again

BITSTAMP:BTCUSD   Bitcoin
A while back I published an idea that Aroon signaled a Bear trend in BTC. Although the Aroon 233 did cross the green line it never hit 100. Now after a few weeks it looks as thought this might have been a bear fake out. I added the Aroon 144 and you will notice that the green line has now crossed the red and has hit 100. This is setting up to turn BTC in to a Bull again.
Lastly NVT is still saying BTC is a BEAR.

If the Aroon 233 green crosses the red soon we could be looking at BTC turning in to a BULL.

We are at a critical point right now. Also it is looking like the golden cross could happen in the next few days/weeks.

It's going to be fun to watch.

Good luck out there

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