After a year long downtrend the Bitcoin price could start a new long-term bullish uptrend if the price stays above 258 USD for some period of time in the year 2015. This shows the 100 day moving average which created a similar pattern like in August 2013, where the price found a bottom after the correction from the 259 USD rally.
Comments
grahvity
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No Willy bot for this rise, just a whole lot more REAL buyers.
Cool chart.
rivet.popper
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First resistance is at 783?? Wow that is one helluva profit. Are you sure that's the only hurdle after the 100 day EMA is cleared?
pumi11
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Still similar to the April-May 2014.
CryptoQiu
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Nice chart...but btc stuck it's head out on multiple ocasions like the 600 top in 2014
Cool chart.