Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
marcelus
on 25/02/2014, 11:10:44 UTC
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.

The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.  

We'll be sub $400 within days. We'll be testing $300 before we start meaningful sustained upwards movement again.