I was very bullish @ the start of 2014. It looks like we go back to the same price level a year ago. 11-04-2014 update: It's going fast now. Although we hit some support. I think I gonna buy some more @ $10 soon! ;-)
Comments
zunibo
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log scale please!
magarto
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I think that it doesn't take account of the last microbubbles and the weekly chart in which it is uptrend:
redbull1973
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Nice Analysis! :-) I hope your scenario plays out, having some Bitcoins and other crypto's.
Still I am a little bit worried. The Coin marketcap has shrunken into half in a few months! I do not sell, it is all earned by trading Bitcoins from november and I took my litlle initial investment out of it.
Hen0xyd
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Some indicators seems to be pointing at new possible uptrend, but this 88days warmup we used to see before rocketing on each previous bubbles were slow uptrends and on the current one we are on a downtrend. I would argue that China's "bans" and some uncertainty had been a big factor in this sinking and 15th of April may be an important date ; volume will come back and we may get on rails.