Not good news for bulls - no momentum, still a lot coin to sell from distribution (miners) and swaps. But there is still HOPE... for 250, 320, 415 and 675.
There is still downtrend - bear have (but small) momentum right now, targets: 220, 210, 165, 130, 100, 80, 60.
In my opinion we go more down to finally finish downtrend. We will see.
100$ -> 1200$ bubble must be tested. Throughout 2014 Bitcoin couldn't find the bottom (300$ is weak). First I can't belive that bear trend can push hard price to the ground but now is some potential to push price harder to 100-150$.
There is possible that bubble is fake out (Mt. Gox willy bot) but I'm not shure. We will see.
IF we break 300$ rest what I show...
Litecoin != pump&dump
Innosilicon make first scrypt ASIC on april 2014 and get about 30$ mln from the sale of them (2 months) ! Big money!
As of today we have 35.5% of all 84mln LTC, another 35% of them will be mined within the next 12 months and then inflation will be at a level such as in the case of Bitcoin now (~ 11%). Award for the block in August 2015 will...