nebulus
Short

Demand is drying up

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
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I see a gradual decrease in the trend's slope. I think the price is correcting and the rise slowing.
So it turned out to be a pause on the way up to next level. This is a sharp rise... could lead to a faster crash... but how low for any crash?
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nebulus jago25_98
Crash is a big word! Usually, it means lots of panic selling. I don't think we will see that because it did not feel like we got to that top very rapidly. I do still think there is something that's pulling the price down not exactly sure what though. Perhaps its the dollar because charts say its getting stronger. Thanks for looking!
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