Bitcoin has been consistently trading in a relatively fixed for over a year. Numerous breaks have established lower lows and lower highs. All the while the indicator has been showing higher lows, a hidden . The , until September 2014 was confirming the trend, but then started establishing higher lows as well.
This most recent breakout has continued that trend, and the is showing signs of an immediate term up tick, indicating that the breakout is quite likely over and no new low will be established for the at this time either.
Scalpers will be , waiting for a corrective bounce on the massive move that occurred. But, this is also a great time to enter into a long-term position. We are nearing the end of our descending and both and are showing hidden . We are not likely to make it much lower than this in the short or long term and coins can currently be picked up for under 300$.