Post
Topic
Board Speculation
Re: Bitcoin Price analysis!
by
jeomses
on 12/01/2014, 23:08:44 UTC
Week 2 events.
- Countries around the world emit warnings about bitcoin! Small acceptance.
- Countries discuss internally whether or not to tax the bitcoin!
- The use of bitcoin by large companies like Overstock or Zynga has provoked movements of about 10%
- Small businesses that accept bitcoin has not caused major moves!

Some thoughts:
- If it break the $ 860 should drop to near $ 500

My position:
- Bear

Chart
http://s16.postimg.org/4nozxgfht/s2_bitcoin.jpg