timwest

BITCOIN is right AT THE MODE of all volume since Jan bottom

BITFINEX:BTCUSD   Bitcoin
11
BITFINEX data.

Scale the chart so that the bottom left corner is at the January bottom.

The market is stuck at the mode of the entire 90% range since the 166 bottom to the 315 top.

My last chart showed the downtrend and how time expired after the 12-day mode from the March high.

There are a lot of NON-TRENDS going on here: But just wanted to show you how the market is right ON the balance point across the entire time frame here.

INFORMATIONAL ONLY CHART - NO FORECASTS ARE MADE.

Tim 12:25PM EST Wednesday, April 22, 2015
237.35 last

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