afbitcoins

End of the Bear Trend in Sight

Long
BTCE:BTCUSD   None
3
Bitcoin is challenging the bearish trend on log price scale and looks poised to finally push up above. In several other exchanges particularly in China and Europe the corresponding trend is already broken to the upside.

With capital controls in Greece, Chinese stock market collapsing and the West not far behind. This could be historic low point in bitcoin.

Bitcoin breaking above this trendline will be clear signal that bulls are regaining control of bitcoin.
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