Back to downtrend

25 янв. 2015 г.

I believe that we have completed the retracement from $165 and the price will resume downtrend again. The price has hit the previous resistance at $251 with .618 fibonacci confluence and also touched longed term downtrend all the way from $380. We will be seeing sub $100 price for bitcoin by the end of February 2015 and then reverse.