CRInvestor

Daily BTCUSD Stamp

BITSTAMP:BTCUSD   Bitcoin
1
Amid the confusion of Mt. Gox, other Bitcoin proxies are getting hit along the way. While I myself was fairly confident the daily OTE Long sweet spot (562.98) level on Stamp was a good entry point, four tests of it finally diminished demand and with that level failing she is open to fall precipitously too. Indeed, it sure looks like she has a serious test of the December key low at 382.21 in her sights with no help from either momentum or volume

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