Bitcoin

The Best Bitcoin Chart - Update 2

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The Best Bitcoin Chart gets it's first update since being based on Mt Gox prices. Now based on Bitstamp price and includes news events.

Clearly BTC has broken below it's upper support and now the 200 day SMA as well. In the grand scheme of things the trend is your friend and from a logarithmic point of view, recent setbacks have in no way reversed the upward trend direction.

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