Short Term Update

There is not much to say, as i said many times it’s hard to forecast the behaviour of few large bitcoin investors, when they decide to sell there is not much support in this tiny market, given the low liquidity (yes,despite mtgox is the biggest exchange i consider it a small market without much liquidity). So far the market is holding above the short term VWAP after a sell off of roughly 35k bitcoins; i think i’m going to close at loss this trade if i see a decisive break of that level (114$).
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