MoonTrader

Weekend pullback possible

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
We can see a little consolidation here with price pressing down on $245 support. The declining volume tells me this could be the start of a slow pullback before the real event. We have strong support at the $230 level, so this may be a good place to buy the dip.

Overall, still bullish , but don't expect it to move too quickly.
Update:

Appears to have been squeezing up rather than down. I got in before the breakout because I saw my mistake. Carry on.
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