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Topic: [2014-09-12] Bitcoin Price Crisis – Can We Cross the Safe Range? (Read 1217 times)

legendary
Activity: 1974
Merit: 1003
http://www.cryptocoinsnews.com/bitcoin-price-crisis-cross-safe-range/

The Bitcoin Price has retreated away from yesterday’s local high near its two-week upper channel trendline. Trade is seemingly indecisive around its weekly pivot “safety blanket” and the coming European and US sessions should set the direction and thereby clarify the trend.


what crisis dude ? i wont even click on the link with such a stupid title
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Crisis? Where? What?

You know, the crises which requires sensationalized headlines to create traffic for their web site.

 Grin !
hero member
Activity: 574
Merit: 500
I don't think it is crisis. The price is fluctuating between the limited ranged $460 and $510! The price $460 is strong supporting line and  it is nearly impossible for the price to decline below that level. Don't you hear the news that the big holders have been increasing their holding since declining. Once the price touches the lowest bound, there are buying activities to push the price higher.
legendary
Activity: 4256
Merit: 1313
Crisis? Where? What?

You know, the crises which requires sensationalized headlines to create traffic for their web site.
hero member
Activity: 686
Merit: 500
WANTED: Active dev to fix & re-write p2pool in C
Crisis? Where? What?
sr. member
Activity: 406
Merit: 250
http://www.cryptocoinsnews.com/bitcoin-price-crisis-cross-safe-range/

The Bitcoin Price has retreated away from yesterday’s local high near its two-week upper channel trendline. Trade is seemingly indecisive around its weekly pivot “safety blanket” and the coming European and US sessions should set the direction and thereby clarify the trend.
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