ibankbitcoins

BITCOIN MARKET ANALYSIS, BULLS LOOK WEAK AND TIRED. 11-18-2014

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
Looking at the 4hr bitcoin             chart, the bulls failed to make new intraday high. Each rally is faced with more selling. In addition, I talked about the Eiffel tower pattern that happened when the market went absolutely wild. This is the eiffel tower guide:

For my own trading, I haven't traded much just watching this rollercoaster play out. I have been scalping though, very profitable with this liquidity. Its so short term that I won't be able to update. I do see new opportunities ahead once the dust settles so stay tuned.

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
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