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Topic: [2014-08-14] techcrunch: Bitcoin Falls Out Of Its Trading Range (Read 685 times)

full member
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I don't understand anything anymore :-)
I thought that starting from the end of summer we will see the upward trend, but now it seems less and less likely. And this is with all the hype that bitcoin gets.
legendary
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Learning the troll avoidance button :)
Bitcoin Falls Out Of Its Trading Range

http://techcrunch.com/2014/08/14/bitcoin-falls-out-of-its-trading-range/




for the record...  Roll Eyes

It has a very large trading range but I guess your right its out of the sideways movement and going down again

After doing large amounts of nothing for months, the price of bitcoin has found a new direction at last: Down.

The recent narrative around bitcoin has been roughly zilch, as the cryptocurrency picked up a few new large vendors’ support, but otherwise settled into something approaching a summer malaise. The price of bitcoin, which is correlated to media and public interest, has bounced between around the high $500s and the low $600s for some time. Now, it has dropped to $517 and its downturn isn’t letting up.

For now that is  Grin
legendary
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In Satoshi I Trust
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