October Consolidation May be Over:
Virtual currencies bitcoin and litecoin have been bearish throughout 2014. It’s been a choppy one, and the price action in October for both cryptocurrencies have been that of bullish correction. The second half of the month however seems to have shifted the mode, and both are showing signs of bearish continuation.
Bitcoin (BTCUSD) 4H Chart 10/24 (click to enlarge) Bearish Breakout:
After the October rally from 275 […]
