Madhatternick.

Madhatternick.

Fundamentals: Nothing about the Bitcoin technology has changed, institutional investment continues. Sentiment: While largely negative, large players' entry targets have hit. Experienced traders are calling a reversal, but BTC/USD performance for 2014 is extremely negative. Technicals: A convincing Adam & Eve reversal is playing out with price stability above...

Madhatternick.

Fundamentals: No major changes, nothing about the Bitcoin technology has weakened. Sentiment: Still bearish, no reason to believe that the trend has reversed. Recent Bitstamp hack exacerbates negativity. Technicals: The recent pause on selling has had low volume, low market participation. To reverse, many fibonacci, short-term pitchforks, and long-term...