Short Term Update: Dull

OUT OF MARKET | waiting a break out of the narrow range of last 2 days

Dull moment for the mtgox bitcoin market. After two days of repeated denial of service attacks the market moved in a narrow range. I computed for the next 24 hours support and resistance using an halved value for volatility, i’m interested to see also the impact of the recent increase of the difficulty factor (from 567000 to 876000, +54%).

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