The final capitulation of the 2014 Crypto bear market

[Ander]

The west is at 285, trying to go higher, china is stubborn but I think we have a double bottom in the 275 area. 

[Ander]

BUY!!!!!!!!!

8)

[Ander]

This is the 3rd bottom you've called =P

I really hope you're right.

One of the bottoms in BTS was correct, at least so far! :P  And the other was only barely broken by .03.

We are still above .081 CNY! 

[toast]

This is the 3rd bottom you've called =P

I really hope you're right.

[Ander]

Its happening now.  I expect bitcoin to bottom this weekend and the new bull market in all crypto will be born.  I'm not sure what that price will be, a double bottom at 275, the old April 2013 high at 260, or a crash below that into the mid to low 200s for a short time, but this is probably it, right here. 

Its a good sign that we are down less than bitcoin today.  We are only dropping because bitcoin and litecoin are in all out crash mode.