Quote from: phoenix1 on February 13, 2014, 02:03:03 PM

Based on this I have realised that my bid at $2.9 was probably a bit low and have moved it up to $3.6, just above the .5 retracement Grin

IMO the market is about to end the first 1 / 3 of wave C. But I'm not sure if the dumping has finished for now or not.
The inverted disparity between exchanges is confusing my analysis. Bitstamp seems to have not dropped enough yet,
for the rebound that will follow (the upward 2 sub-sub-waves of the middle 1 / 3 of wave C) to be large enough.
MtGox seems to have has dropped too much to take another large drop before the rebound, and any significant rebound
would require resuming BTC withdrawals, after fixing the wallet malleability vulnerability. A fix may be available sometimes next
week, but in the meantime the market may panic further. For now the attack itself has been halted, since it has reached it's
targets, but it may resume when the exchanges will allow BTC withdrawals. Clouded the future is...