Information from chineese market seems to be absorbed by the market with the price droping dramatically twice.
During the last two days we observe a silent buy trend with aggregated volume clearly positive, nevertheless the highs look capped, but the lows keep going higher.
Symertric triangles indicated short bull trend in the coming hours, so i expect the price...
The abnomal bull market that BTC have seen just right before the end of 2016 was quiet huge and unexpected. As mean-reversion shows, the derivative of the price in respect to time was going to high which requires a correction for sure.
Very Short-Term target price (1 week): 760-790 EUR/BTC
Short-Term target price (2-4 weeks) : 680-710 EUR/BTC
Mid-Term target...