Nobody ever went broke taking a profit

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
207 0
Money flow and RSI suggest a continuing downtrend. MACD is starting to cross on the 1 minute. Holding a cash position and waiting for an uptrend confirmation may be advisable. Bitcoin can trade completely on its own but lower highs and lower lows seems to be the trend at the moment.
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