Many of the indicators are agreeing that there is going to be some downward movement of the coming hours. EMA 10 & 20 are about to crossover which would confirm a downward trend. Seen the MACD already crossover and expect continuing divergence over the coming hours.
BB bands indicate that 620 could be a good target price.
While Bitstamp did re enable withdrawals again the effect of that has worn off. Unless Mt. Gox allows Bitcoin transfers out expect the downward trend to continue.
BB bands indicate that 620 could be a good target price.
While Bitstamp did re enable withdrawals again the effect of that has worn off. Unless Mt. Gox allows Bitcoin transfers out expect the downward trend to continue.