As the media starts rolling articles about how bitcoin is about to get banned staying in a long position just goes against all odds. Once the news passes and the market stabilizes the healthy growth phase of bitcoin will continue.
However, we are currently at a major roadblock not only with the negative light that the Paris attacks shine on digital currencies,...
Using a low of $198 and a high of $502 fib retracement shows possibility of retesting $430.
Big players are on the sidelines watching, big buy orders have disappeared but the bullish trend remained, as always proceed with caution.
Yesterday I posted how the mania is over and the market is looking to stabilize, today has been pretty stable except for the weak...