Based on historical crashes in Nov 2013, Dec 2013 and Feb 2013, we have a solid support structure at roughly 546. However, the fork shows the upward trend continues since Nov 2013 and will continue with increasing support between 600-720ish through mid Mar 2014.
Based on the fork, we have good support to reach upwards of 1100 again by mid Mar and current values are at 576. This means we should see a 200% increase within the next 30 days.
While the market is having trouble, Gox has lost much confidence and sent the market spiralling downward, many exchanges have frozen funds and are not allowing transfers until the Malleable Transactions issue is resolved. The market still looks great and potential for rapid profits are great.
Bulls can expect continual growth throughout the year.
Based on the fork, we have good support to reach upwards of 1100 again by mid Mar and current values are at 576. This means we should see a 200% increase within the next 30 days.
While the market is having trouble, Gox has lost much confidence and sent the market spiralling downward, many exchanges have frozen funds and are not allowing transfers until the Malleable Transactions issue is resolved. The market still looks great and potential for rapid profits are great.
Bulls can expect continual growth throughout the year.