Bitcoin - There may be more downside before it stabilises

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
708 8 9
1) For the moment: no breakout until 300 is broken.
2) Given the speed at which the top line goes down, a breakout is likely at some point in the next few months (but it could happen from a lower stance)
3) Below 230, Bitcoin             is subject to another dive that could lead straight to 100.

Conclusion: on the long side, waiting for 300 clearance may be wise.
Are you looking to buy at 73 or at 0.73? :D
another perspective
YaKa jangseohee
ah yes. good.
it dropped further oversold for the moment
There ya go YaKa, better.
YaKa J23450N.
Better what? This thing is still going much lower. Let's split transaction benefits from pricing. Pricing should be much lower. Period.
We're on the same page.
Support at 124-86, resistance at 300-310.
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