BitcoinSignal

BTCUSD, 60m chart, MtGox

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
410 0 2
Following the alleged news from China on Weibo             that Chinese banks are banned from funding BTCChina, BTC / Yuan prices are falling on BTCChina. BTCUSD             prices are heading towards the bottom of the narrow range established in the last few days. But RSI is nearly oversold which suggests the recent downmove is overextended. We may bounce of the bottom of the channel or fall to lower levels of support.
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