This must be the Bitpay news. Guess some noob social network employee got over-excited.
"In its heyday, bitcoin’s value soared passed $1,100 (£650). But last month it was revealed that the currency’s price had plummeted."
"Revealed"? As in, "Displayed in real time by the exchanges"? Oh, Daily Mail...
In other news, anyone care to comment on this analysis? (Not mine)
http://bitscan.com/articles/btc-update-11-may-has-btc-formed-a-bottom
The link is not working.
No, weirdly the link includes a full stop at the end and it gets ignored by the forum software/browser.
Copy and paste "http://bitscan.com/articles/btc-update-11-may-has-btc-formed-a-bottom." and it seems to work fine.
Basically it suggests this is the bottom based on rising support dating back to late 2013.
Still can't get it to work. Sorry if my fault. Can you perhaps shorten the link with bitly and send that?
try this
http://bitscan.com/articles/btc-update-11-may-has-btc-formed-a-bottom%2E