02 Aug '13, 12pm

Bitcoin Outlook – August 2, 2013 via @daily_forex

There are no reliable market fundamentals to support the current movements and market capitalisation is so small that relatively minor levels of trading activity can distort the price considerably. With this in mind we can rely on the momentum indicators particularly with the long term EMA being relatively flat. Remember to use the trade volume as a guide for early entry when a cross over looks likely from the charts.

Full article: http://www.dailyforex.com/forex-technical-analysis/2013/0...

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