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Topic: Current Bitcoin Trend - page 2. (Read 2120 times)

sr. member
Activity: 364
Merit: 250
June 26, 2014, 11:59:12 AM
#2


Image sais it all. Seems like no ATH this year, folks.

Your line violates a basic tenet of trend lines.  In a downtrend, we have lower highs and lower lows.  You can clearly see from your chart that we recently had a higher high.  If we can establish a higher low, then we are in a confirmed bull trend.
legendary
Activity: 1064
Merit: 1001
June 26, 2014, 11:50:59 AM
#1


Image sais it all. Seems like no ATH this year, folks.
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