SUMMARY
Bitcoin (BTC) placed some intermittent piercings of the long term support line. Not exactly what would stand out as wicked bull wicks but nevertheless, price is bouncing. However, I remain suspsect of this bounce and it's likely that price could still dip for a couple days below the long term support line and then return back in.
Keep an eye on the MACD pattern moving within the contracting lines of the symmetrical triangle. The MACD has now touched the bottom support line and so the next probable direction is up. Whether it'll breach to higher highs; we'll have to give it a few more days. The pathway I still believe is likely to be the white brick road withe the blue brick road as the alternate.
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