Bitcoin and Litecoin – Double Bottoms vs. Bearish Outlooks

By December 28, 2014Bitcoin Entertainment

Bitcoin and Litecoin have been bearish in 2014, but has been choppy and more or less trading sideways since October. Both virtual currencies then started to look bearish again around late November. Let’s take a look at the charts to assess their technical conditions.

Bitcoin (BTCUSD) 1H Chart 12/28

(click to enlarge)Bitcoin continues to be bearish in December making new lows on the month over the weekend, just above 307. The 1H chart shows […]

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