AltCoinInvestor

BTCUSD - BTCe - New Year 2014 Trend

Long
BTCE:BTCUSD   None
3
Going back in time with ichimoku clouds it looks like we are still in a downtrend but the peaks and valleys are tightening up which could be a sign of us finding a floor around ~650-700. There is still some uncertainty in the Chinese market and they still need to get out by January so their final dumps may drive the price down before it resumes a more normal trend toward February 2014... this is not certain though as I have heard that have found new ways to enter the market.

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