BTC Trend Analysis indicates continued downtrend for 3-10 weeks

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The current 4-month long downtrend is a correction to long-term support channels from late 2013 and from 2012. These channels begin to intersect the current established trends as follows:

3 weeks: current resistance meets 2013 upper support lines
4.7 weeks: current resistance meets 2013 lower support lines
10 weeks: current trend mid-line meets 2012 support channel midline

Each of these work more like deadlines - the upward movement can happen at any time before a deadline, but after each has been passed the fundamental situation has been changed.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out