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$BTCUSD (#Bitcoin) - Remains Bearish - 4-Hour Chart

MTGOX:BTCUSD   Bitcoin / Dollar
211 0 1
$BTCUSD (#Bitcoin) - Remains Bearish with bearish tack maintained at primary target, TG-1 = 270.61 as per forecast on December 15th.

TECH-NOTE:
Per 4xQuad, outlook remains bearish , however, some unwinding to the upside is expected, with a probable cap at or near 701.04.

Cheers,

David Alcindor | 4xQuad.com
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

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