|
July 25, 2014, 11:55:43 PM |
|
Given the recent break of the 610-615 support and gradual downtrend since the beginning of July, coupled with all the resistance above 650, I think we're going to start out August in bear territory. If it can find support around 550 or so, August could end on a bullish note. The Global Advisors Bitcoin Investment (GABI) Fund is also supposed to start trading soon, so if enough money comes in through that, we could get a nice rise.
|