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JettyZ
Jul 2, 2014 3:38 PM

BFX 4 Hour - Speculating on support levels Long

Bitcoin / DollarBitfinex

Description

Drawing support levels as shown above. Drawing support levels lower may make sense if we weren't so bullish right now.
-Newegg started accepting BTC yesterday
-1800 Flowers started accepting Bitcoins
-USA Government sold 18M worth of Bitcoins to someone @ market or above market prices. ($640+?)

So we may break past 680 this or next week, to 700+.
Comments
MentorMarni
Not to mention that Governer Jerry Brown legalized Bitcoin in California.
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