Bitcoin Price Goes EastIf we do not see the price pattern circled in magenta, above, accompanied by the same combination of signals in the 1hr and 4hr charts, then continued decline will become less likely and we’ll have to stay out of the market until we get a clear signal across timeframes. However, with the 1-day chart looking increasingly bearish in all the exchange charts, the bias is currently to the downside with targets at $320 (Bitstamp) and 2100 CNY.
https://www.cryptocoinsnews.com/bitcoin-price-goes-east/
