Week 6 breaking events:- Bitcoin is still not well accepted by some countries and/or authorities.
- Apple Removes Blockchain Bitcoin Wallet Apps from its App Stores
- Mt. Gox Halts ALL Bitcoin Withdrawals
Some thoughts: - We continue to see a large market manipulation!
- If we do not see any good news of great importance for the use of BTC i believe that in the next days and after a small correction we will see a big drop in the value of BTC.
- In the next days BTC should go up to 750/800 approximately and then drops to 500/400
My position: - Bear
Chart:http://s12.postimg.org/bfc5l9jzx/s6_bitcoin.jpg