Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Oh boy, China is awakening and if Gox breaks through the $700 barrier, we will be getting VERY close to confirming no dead cat bounce.
Very interesting to see what happens here. Wall is building at $700 so I do not think this is going to be easy. How quickly we move through this resistance will let us ALOT about where and how fast we are going.
Very interesting to see what happens here. Wall is building at $700 so I do not think this is going to be easy. How quickly we move through this resistance will let us ALOT about where and how fast we are going.
Back to the trend line... carry on.
Based on this chart , one thing is for sure , buying into weakness is the way to go !!
just look at the high volume bars , all of them happen on declines (sell offs) but someone is holding the bag ! .. effort vs. result ?
this is grrrreat