Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
GaliX
on 02/08/2015, 14:17:43 UTC


Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term.

Look at the volume on the decline and guess what happens next.





Volume can be an indicator for tops/bottoms in the rest of the time volume is not so important...