Bitcoin breakout?

Bitcoin has or is about to break out of the current downtrend depending on how the line is drawn. However, the volume is not very impressive. My feeling is that there will be at least another leg down before Bitcoin can start making a real recovery. I've seen nothing yet to indicate that there could be a sustained uptrend from the current price.

評論:

Price was rejected at the trendline and we are instead consolidating around 11 000. Even if that breaks to the upside, we would have to go above 14 000 to break the larger downtrend beginning from the all time high. There is however some decent support at 9 000, so it's possible that that's the bottom if we touch it again. But I wouldn't be surprised if we drop to 7 000 – 8 000 and at those levels I would feel pretty safe about putting a position in Bitcoin.

I have nothing invested in Bitcoin at the moment and I'm in no hurry to invest, though I do have small positions in a few altcoins.