BITSTAMP:BTCUSD   Bitcoin
2
Looks bearish still as it as been following the major downward sloping trendline all the way from the highs set back in Nov.....right now it is along major support levels of 424-432.....as they say.....the more price touches an area or level the more likely it is to eventually break that area or level.....if it breaks the 424 level to the downside then the next major support is at the 341 area........it could fall there pretty fast also as there are not too many big support levels along the way.......the final target is still 202-207 zone which is the b/o area of the parabolic move up.....as always....watch volume for confirmation

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