love the market analysis.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
Where are you looking at this prices on which exchange?!
I ask because whenever I go to mintpal to check the prices the price there
never reflect the claims in this thread!