Bitcoin Forum

Economy => Economics => Topic started by: Coinbuddy on April 22, 2015, 12:15:31 PM



Title: Bitcoin Price Rising To A Drop Zone?
Post by: Coinbuddy on April 22, 2015, 12:15:31 PM
A new Bitcoin price daily candle opened a few pips above an envelope lower boundary. This is an initial bullish sign and may be significant if confirmed by other signs of advance. The chart remains ambiguous.

Read full analysis: https://www.cryptocoinsnews.com/bitcoin-price-rising-drop-zone/


Title: Re: Bitcoin Price Rising To A Drop Zone?
Post by: Amph on April 22, 2015, 12:19:22 PM
there was a small rise of 10 usd, if it isn't a dead cat bounce, it may be the reversal of the down trend, let's wait and see, but i'm still skeptical...


Title: Re: Bitcoin Price Rising To A Drop Zone?
Post by: AtheistAKASaneBrain on April 22, 2015, 02:40:09 PM
Still a downtrend to me. It will need more than that to consolidate a floor. Good news to anyone that is here for long term, it just means extra time to make your BTC stack even bigger. Let the weak hands be weak and deliver us the cheap rice.