CRInvestor

BTCUSD Daily 'Investor' Summary

MTGOX:BTCUSD   Bitcoin / Dollar
263 0 3
All indicator studies I follow are still very much pointing down and price itself suggests the market wants to test the key low of 455. If you are a bull there are two compelling reasons to be looking for a bottom in and around the 643 area. 1. OTE             long sweet spot & 2. significant uptrend line. There is NO bottom anywhere in sight and one should only be looking for one atm. Down is the current trend (ideally short from 1009 - last OTE             short sweet spot tag) but at these levels I think it is very risky to think about new sells.....
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