kinetiktrader

Weekly March 29 - April 04 2015

BITFINEX:BTCUSD   Bitcoin / Dollar
After the failure of bursting $315
Buy volume has halted and a sell volume has increased.
Next possible level may be $90

Market may be going down to make an upward spike again.
Investors may be seeking to get cheaper prices
as Bitcoins potential a popularity begin to show and
before the mining industry goes out cause with out them
there is no bitcoin . Difficulty would decrease making way
for lesser and lesser hashes but to many miners thins out profits.

Cons:
The mining industry has mined itself to far ahead of the development curve.

Mining is not profitable until the price goes up and it's going down.

With no minning there is no BitCoin .

Pros:
Cheaper prices are apearing for a better buyers market.

NasDaq is seeing the potential of digital currencies .

More exchanges are being open.
Excuse me. the damn thing posts when it wants to. Was troubleshooting why it doesn't post and lost track chart placement.
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