Good Morning Bitcoiners,
The price manage to reach $417,99 and it seems like the retracement in the 3 day chart has been deny in more than 90% thanks to the buyers momentum.
We have over extended trends right now and those up trends can turn into retracement at any time. A correction on the price will be healthy for the buyers in case we want to see the price reaching $452,00.
Here is the analysis for today's market.
http://youtu.be/dp3374UBkZIThese higher lows you are referring too are only in the short term... Unless we get near $450 soon we are still at a lower high than last month & that is the current trend! Lower and lower highs month after month. Unless we break that, I don't see strength here! I just see the same wildly fluctuating bitcoin market as it has always been!!