Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Tzupy
on 19/11/2014, 18:11:09 UTC
The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.

sounds like someone is blindly regurgitating the bitcoin market analysis article released today lol http://www.dailytradingprofits.com/2112/bitcoin-market-report-111914/


No, I only read that after seeing your link. My analysis comes mainly from MACD observation, coupled with EW.