#Bitcoin update
Guys, be ready for the news that is coming in an hour (10 PM EST time)
Right now we are consolidating at around 67.5k-68k levels after the FUD about mt gox exchange sudden supply. As explained earlier, it's not really significant as they'll probably sell to an OTC desk privately which would have little effects on the markets.
The news that is coming is highly important especially if they all pointed to the same direction not mixed, if they are all positive, we will go back to test 72k resistance, but if they are negative a further drop to 65.5k is also possible.
We have 3 events:
1. FED beige book
2. US Unemployment data
3. US Richmond Manufacturing Index
As of my expectation is that we may have a little bit of mixed data but generally positive which may lead to a bullish move to the 70's.