This weekend has been nothing but boring in terms of market activity. Last week was one of the most exiting weeks in the last few months, and now the sea is calm again. Is there a volcano brewing underneath ready to set the bitcoin ship to the moon or is there a tornado coming that will wreck the ship into a million pieces. In our previous bitcoin technical analysis on 11/7 we mentioned that if the price isnt going to make any major swings in the coming days, then the market will look to settle and stabilize.

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http://themerkle.com/coins/bitcoin-technical-analysis-for-1172015-stability-in-sight/I think this week it will probably a bit of rough sea. The calm before a storm and all that. Seeing the activities of the Chinese and how they flooded the market last week we can only hope and keep the fingers crossed for a stable market at least. Let us not see a flunking now.