martedì 21 gennaio 2014

42/BTC, the bottom has been reached


While everyone is focusing on the DOGE, the 42 has reached his 250 opening price and currently bouncing from it, showing signs of life.

My personal opinion is that this pair can't go much lower simply because volumes are too low and there are not many sellers left!

Right now, volume and price action is going up, so in the coming days i see this pair making a technical bounce  at least to area 1000, or even to 1500, maybe much more if we see some breaking news in the coming days, after all, there are just 42 coins..!

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