The last three days seem to have been coordinated BTC dumps that have occurred at 12pm EST. The BTC downward momentum this past week may be an isolated incident caused by a single actor (Mt. Gox trustee?) that has now lost its momentum.
The good news is that the volume appears to be decreasing each day. The bears seem to be losing momentum which is good news for the BTC Bulls.
I would not be surprised to see a green weekend with BTC heading back towards $10k or higher.
(This analysis was brought to my attention by @chartmandan w/ The Chart Guys)
The good news is that the volume appears to be decreasing each day. The bears seem to be losing momentum which is good news for the BTC Bulls.
I would not be surprised to see a green weekend with BTC heading back towards $10k or higher.
(This analysis was brought to my attention by @chartmandan w/ The Chart Guys)