Even though we continue to have the weekly sell signal in force, what I see is a large bull flag
that should break up once this bearish phase completes. 11/7/12:I'm telling you;
we're getting steeper and steeper in an upwards direction on the support lines. This is bullish. And with the stock market rolling over and soon to be gold, Bitcoin is heading UP
We are in a clear bull flag or pennant. I still think it breaks up.
We are in day 18 of this 28.58 average daily cycle. We are running out of room for this triangle and will soon get a major move once we reach the apex in the next week
. The global financial economy is in trouble and as assets move out they will seek a safe haven which should benefit Bitcoin. Be patient.