ibankbitcoins
Long

Bitcoin bounce is bullish ahead

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
Market looks bullish in this chart. We bounced off the 300USD/1900CNY level. Market has been trading at higher levels, but also held there. Past bounces during this bear trend has sold off relatively quickly. It used to starts off bouncing off support quickly, rally some followed by quick dumps. Is it different this time? Chart pattern definitely looks better than before. I covered my shorts and went long yesterday.

I do live trades and bitcoin market analysis daily. Follow me on my bitcoin trading blog and twitter: ibankbitcoins.com, http://www.twitter.com/ibankbitcoins
Prediction looks good.
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