ItisCalvin

Is This The End or a Continuation?

BITSTAMP:BTCUSD   Bitcoin / Dollar
615 4 3
At this point it is a little uncertain where we will go. China is really starting to move us around again like it did back in October-Dec.

For now I am seeing that these small bounces up are not stopping the ATR from increasing higher on the down moves.
At one point MACD was looking to converge, but it likely won't for the next few hours unless there are movements up or sustained periods of no movement down.
The oscillators ( Stoch , Stoch RSI ) are moving slowly towards OVERBOUGHT and doing so quickly. Could bounce of 380.

Bull Target: 381
Bear Target: 344

Extreme Bull: 399
Extreme Bear: 280
Not the end yet. We might get whole lot of chopping again here but this is not the bottom yet, only retracement with more downside to come
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You really think more downside below 330?
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Muwa Mathijs
400 has been breached, this eventually means that 260-270 will be retested at the very least.
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Bear FTW~!
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