ItsWilder

Bitcoin - Heading for a slight downturn before breaking upwards

Short
ItsWilder Updated   
BITSTAMP:BTCUSD   Bitcoin
I think in the next 12 hours we're going to see a bit of a downturn. Wait for the bottom and then buy in for the upswing.
Comment:
Well, there's always a silver lining to being wrong about a downturn. When you're wrong the stock goes up and, if you've already taken a position, you make more money. On the other hand, I might have missed out on taking a 2nd position.

It is coming back down though. If it reaches 18,800 or below I think I might push in for a bit more.
Comment:
Well, there's the downturn. It broke 18,500 briefly this morning. I wonder if it has just a bit more though to go before everyone jumps back on the bandwagon and it shoots back up. Gonna watch really closely.
Comment:
Sadly, we're still on a downturn. It broke 17800 overnight and it's still a bit erratic this morning. I'm still waiting for my next entry.
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