CRInvestor

4hr BTCUSD MtGox

MTGOX:BTCUSD   Bitcoin
2
What a wild ride this has been. While we did bounce hard off that double bottom (and kudos to those that caught the long) and have established a bullish momentum divergence, I am not convinced we won't move back down and at least test those lows over the short to medium term. I will keep an eye on the OTE long sweet spot (169.50 area) and look for either signs of capitulation or outright bullishness before considering acting.

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