Mastodon

Bitcoin Technical and Bitcoin Market Analysis (January 14th, 2013) by S3052

Dear Traders, Investors, Speculators,

This is to share an updated bitcoin chart analysis.

Again, as forecast, bitcoin prices rallied further and reached a new 2013 high at 14.35 $ last week. And we can clearly say that the breakout is confirmed. The relative strength index confirms this breakout.

In the next days, we expect again some significant movement as the tight consolidation range over the past days led to a very low volatility that will end soon.

UP or DOWN? Detailed short term analysis and forecasts can be found in our subscription service.

First time subscribers can enter our newsletter and special update service at a special trial rate of 0.99 BTC per month for a maximum of 3 months. Click here for details. We have 50 slots left before January 31, 2013.

Your S3052

Disclaimer: Please always do your own due diligence, and consult your financial advisor. S3052 owns and trades bitcoins from time to time and it currently partly invested in bitcoins.  Never invest unless you can afford to lose your entire investment.