HolgerFertig

Bitcoin trend reversal ?

Short
MTGOX:BTCUSD   Bitcoin
1
BTC price failed to get through the resistance area of 154.5 and 165.5 and is falling on high volume. Moderate overbought environment which needs to come down anytime. Wave IV will be on the downside lets see how deep it will go. I believe we will be testing the MA(100) within the next week.
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