Strong buying and Altcoins may indicate recovery

[GigaCoin]

From my observation it seems there is strong buying today especially in altcoin markets. Ppl buy btc to invest in altcoins, it seems altcoins are propping up the market and Chinese btc buys are strong today.

All these factors are raising up the floor, if the strong buying continues this week we might not see lower than $600 btc anytime soon. If not then we will continue the downtrend