"Support will get tested" by trader Zammo — published January 28, 2015

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Bitcoin / U.S. Dollar (BITSTAMP:BTCUSD)

BITSTAMP:BTCUSD Bitcoin / U.S. Dollar

Bitcoin (Cryptocurrency) Bitstamp

bitcoin bitstamp

The long term down trend continues. The brief surge to 300 caused by news and speculation was never going to last for long and we have resumed the long term down trend. The fundamentals are not yet present for a major reversal. Expect to see support tested.

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