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BTC/USD: Sliding Back to Previous Micro Uptrend

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BITSTAMP:BTCUSD   Bitcoin
Falling out of the recently found micro uptrend(yellow lines), BTC has returned to the much saner micro uptrend in the purple channel. The current range($10,335-$11,140) being tested as we slide on up to $11,770, possibly staying between the yellow and purple lines.

An opportunity to short presented itself at the top of the range, with a close of $10,400 being heard. Don't get caught up in smaller timeframes, missing the bigger picture. Greed has a curious way of warping our motives.
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