Fueled by the PBOC crackdowns and uncertainty, I believe BTC is headed for a new low as even technically it seems hard to break out of the long term downward trend since December.
Depending on the turn of events throughout this week and next up until and past the 15th, we may even see as low as the $300s.
Definitely a signal for long. Major reversal in accordance with Jurik Research's DMX and RSX indicators (on a 1 week log chart).
Note how the DMX crosses 0 and RSX hits the bottom - this is a long signal.
LinkedIn is known for giving underwhelming estimates then beating it. With the quarterly report probably due early May and the bullish trend sighted over 2...
