The bulls are turning into bears (Measuring trend strength)

We were starting to go over into a uptrend after leaving the bottom at 550 US Dollar, but because we broke through the 600 US Dollar area, when Bolivia announced that they are banning Bitcoin [1] and meanwhile Bitcoin exchanges like BTC-E [2] and Bitfinex [3] have still trouble with DDoS attacks on their service providers CloudFlare and Incapsula making trouble for trading bots (and there are also still discussions regarding the 51% issue with GHash [4]) I expect a downtrend to follow, after we didn't break through the resistance around 620 US Dollar [5].

I fear the 600 US Dollar neckline (which I described earlier in my chart named "BITCOIN - LEAVING INVERSE HEAD AND SHOULDERS") turned from a support area into the new resistance zone which we are currently bouncing against in the 1-day chart.

[1] coindesk.com/bolivias-central-bank-bans-bitcoin-digital-currencies/
[2] twitter.com/btcecom/status/479884231251066880
[3] twitter.com/bitfinex/status/479574324761079808
[4] coindesk.com/51-attacks-real-threat-bitcoin/
[5] tradingview.com/v/b9xmUSDJ/