YaKa

Bitcoin - There may be more downside before it stabilises

BITSTAMP:BTCUSD   Bitcoin / Dollar
707 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
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another perspective
snapshot
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YaKa PRO jangseohee
ah yes. good.
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it dropped further oversold for the moment
snapshot
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There ya go YaKa, better.
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YaKa PRO J23450N.
Better what? This thing is still going much lower. Let's split transaction benefits from pricing. Pricing should be much lower. Period.
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We're on the same page.
Support at 124-86, resistance at 300-310.
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