Bitcoin: Breaking out? Consolidating? About to Drop?

We have been getting stuck in these sideways moves for a while now with Bitcoin, so what do you think?

1 = About to break out.

2 = Consolidating and will continue sideways for a while.

3 = This is the top and expect a drop back down the chart.

코멘트:

Peaked through 31K again. Could be a good sign.

코멘트:

Adding this image as the 1,2 and 3 positions don't display on all resolutions.

코멘트:

So indecisive but a big daily range of 6% as bulls and bears battle for direction.

코멘트:

Personally, I'm hoping it's 1.

Thinking its probably 2.

And in Denial for 3.

코멘트:

Squeeze was on so breakout it is:

코멘트:

........ and back to range trading. Boring :)

코멘트:

Broke below support and more sideways action.

코멘트:

Finally back up above the 20 and 50 day moving average that were providing resistance (if you believe in that sort of thing). MACD looking more interesting though. Back below the 0 line and crossing which often indicates a bullish value area.