Bitcoins: there is no trust, there is no growth

By | April 17, 2015

Bitcoins demonstrates stable downtrend. I must say that this is partly due to a sufficiently high demand for the dollar, which has recently demonstrated market. But beyond that Bitcoin is and their own reasons for the decline. Confidence in the Cryptocurrency not restored, which largely do not contribute and there are rumors.

In particular, a newly elected member of the Board of Directors of the Bitcoins-Fund organization “on the verge of bankruptcy.” Naturally, these comments provoke another wave of flight from the instrument.

bitcoins chart
Bitcoin chart

Trading analytics

Support and resistance levels  
Support 1    208,38
Support 2    196,48
Current price:   221,09
Resistance 1    227,00
Resistance 2    235,22

Bitcoins (BTCUSD)  –  sell bitcoins   –   Sell the in case of breakdown of the price the level of support with a view to the level 208.38 at 185.34. Stop-Loss = 227,00

Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes only and do not guarantee the results obtained.

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