Portfolio Update

LONG TERM
OUT OF MARKET

SHORT TERM
LONG | from 12.63$ with 1 unit (100 btc) bought September 19, 2012

I decided to extend the duration of this trade because of the recent big drop of volatility that imply reduced risks, at the moment the volatility of bitcoin traded at MtGox is very similar to the average historical volatility of all united states stocks traded at Nyse and Nasdaq in contrast to the wild volatility of the August period.

Giving current volatility BTC/USD might reach the 13.3$-13.4$ within end of this month, support around 11.5$ but i’ll watch the 11.15$ level as a potential stop loss.

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