BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The Bter phenomenon was one of a series of failings in the bitcoin             exchange market that could empower the bears in the future. The market is now back in the "Zone of Uncertainty" where we've spent the majority of our time since bottoming out in the $160 area. Within this area, it is very difficult to predict price action, although we have had a couple of good trades, notably the double bottom I highlighted rafter the big crash and then a triangle break, later, both bullish signals.

Without any clear patterns, however, it is best not to try to predict direction within this zone. The last bull run was quite fast, which leads me to think there may be a large counteractive downside to compensate for the reckless bulls.

Part of me suspects we may make a double bottom at $160 and start a new bull trend, which is similar to what happened in 2011 after the big $16 bubble. All of this, however, is speculative without a clean break either way.

Donations welcome:
1Eg1QK5vJVCcSoZM3Cp8dgpJ9jv4tjng8m
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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