651-653 Isn't a bad spot to pick up a few coins. May not hit resistance zone necessarily, but should face resistance there if it rises that quickly.
We just saw a slight drop 646 with a quick recovery to 655. Price doesn't belong in the 640 range right now. I'm bullish right now. Predictions are outlined in my chart. Expecting one more test in the 660s range, but can also move up higher from there. Preferably the price won't retest 660 so quickly again.
BTC should find support in low-mid 650s should it move there soon. Prepare to buy :)
Drawing support levels as shown above. Drawing support levels lower may make sense if we weren't so bullish right now. -Newegg started accepting BTC yesterday -1800 Flowers started accepting Bitcoins -USA Government sold $18m worth of Bitcoins to someone @ market or above market prices. ($640+?) So we may break past 680 this or next week, to 700+.
Or it may fall to support levels first. More likely to be low-mid 660s before falling.
Did hit my resistance levels, may bounce back to resistance again. Temporary short in low-mid 660s if it hits resistance soon.
Not a bad time to pick up some more coins here to be released at the resistance level.
Will buy more should it drop to support levels. Overlapping area pref.