Divergence Points to Lower – Bitcoin Price Review

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A divergence appears as the price of bitcoins falters on the BTCChina exchange before the BTC-e prices break important support levels.

This could mean another run at the down trend is pending and lower bitcoin prices are in the near future.

Coinbase: 1DSt5YLQCpdqf86sSf9Unoq4Yabs9d3r5W

Bitcoin News aside, I am re-reading Reminiscences of a Stock Operator and discovered two things – I would like to learn more about ‘shorting’ the bitcoin prices, and about the agreements that are included.

Second, I realized again that I want to spend some time reviewing the price charts for ETF’s that are based on the agricultural commodities.

1 COMMENT

  1. Well done. Looks like we might not have reached the bottom after all. Available coins still seem to be overwhelming the market. I think I'll stop my routine buying until the bottom is in. Instead I'll accumulate cash for the time being.

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