Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Cassius
on 12/06/2014, 16:44:02 UTC
Expecting prices to touch 520-560 unless some unexpected mini-rally happens

What are you smoking?

Just watching 1d graph + macD, 520-560 are 50% and 61% fibo levels, its most probable bottom in this situation.

The most bullish scenario is bouncing of 600, but thats very optimistic.

I wondered about a 540 retest a while back, but assumed we were past that now. As I recall, 620 was also pretty critical on the way down and appears to be sticky now too.