BTC_Daily.Pips
Long

If we hold the 485-490 zone, could be big!

BTCE:BTCUSD   Bitcoin / Dollar
306 9 8
Following 2-3 days we have to hold in 485-490 Zone and possibly begin another bullrun, 550-560 is the next big target, wathing that if we break through!

Related Ideas

BTC_Daily.Pips
2 years ago
These are the Patterns forming here:
snapshot
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BuyBitcoin.WS BTC_Daily.Pips
2 years ago
seems were outside of the bat formation now. wont probably happen :(
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BTC_Daily.Pips BuyBitcoin.WS
2 years ago
snapshot

still ok, going under 460 and not holdin the 450s is dangerous...
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magarto
2 years ago
Friend, we have the excuse for the bullish movement, check this new ;) http://www.elconfidencial.com/tecnologia/2014-09-11/hacienda-reconoce-por-primera-vez-el-bitcoin-como-una-moneda_189577/
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BTC_Daily.Pips magarto
2 years ago
Yes, we need some News now to fuel the bulls, but I don't understand so good spanish, is it about a game platform accepting bitcoins?
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BuyBitcoin.WS BTC_Daily.Pips
2 years ago
http://translate.google.ca/translate?hl=en&sl=es&u=http://www.elconfidencial.com/tecnologia/2014-09-11/hacienda-reconoce-por-primera-vez-el-bitcoin-como-una-moneda_189577/&prev=/search%3Fq%3DHacienda%2Breconoce%2Bpor%2Bprimera%2Bvez%2Bel%2B%2527bitcoin%2527%2Bcomo%2Buna%2Bmoneda%2B%2BLeer%2Bm%25C3%25A1s:%2B%2BHacienda%2Breconoce%2Bpor%2Bprimera%2Bvez%2Bel%2Bbitcoin%2Bcomo%2Buna%2Bmoneda%2B-%2BNoticias%2Bde%2BTecnolog%25C3%25ADa%26client%3Dfirefox-a%26hs%3DyhQ%26rls%
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magarto BTC_Daily.Pips
2 years ago
Sorry, I thought you were spanish 'cos your name.
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magarto magarto
2 years ago
It's basically that Spanish Goverment has just said that Bitcoin is a currency
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BTC_Daily.Pips magarto
2 years ago
Thanks guys, sry for the late answer. The news is great indeed, the accelerated acceptance ,on the other Hand, increases the supply, thus pushing the Prices down finding a new Equilibrium between supply and demand. As Long as acceptance (especially of retailers) increases disproportionated with the consumer acceptance, BTC Prices will experience further downwards pressure. BTC Needs an increase in insfrastructure (both Software and Hardware) to get attractive to new BTC adopters, also brick and mortar Establishments are needed already to offer Services and consultancy personally , new intermediators for BTC purchases and ofcourse a clear Definition of governments of BTC (including ist Regulation). Cheers!
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