Apr 9, 2015

Bitcoin Value In The Doldrums

Posted by in category: bitcoin

Venzen Khaosan — CryptoCoins News
There is not much to say about the current price action. The correctional waves are not establishing new highs or lows and “corrective” is the only description.

We’ll have to wait for a decisive move to show some internal wave structure (three or five waves) and to expand on the existing waves in the chart.

It is not clear if price is correcting prior to making another push higher or if these are the initial waves prior to a move back to the yellow trendline, below. Read more

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