Either there will be a breakout on top, and price will rocket!
Or there will be a breakout down, which gives indication for a major correction.
Breakout is imminent.
I think the breakout will happen in one or two days. Pay attention to the charts.
This are my theories atleast.
Give me your thoughts!
edit: forgot to say I give away 1 SBD on every post to 3 first commenters. winners have been paid.
I have a feeling BTC will trade sideways until the Segwit acceptance will be known later this month, we will then see some wild price action
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I can definitely see a breakout coming
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We have been looking at this same pattern for days now. Long term we are still pretty bullish on BTC but its still a dificult market until the 1 of August.
Just hoping we won't get another panic sell :)
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Yeah. My concerns are hardfork-fear, panic sells and margin calls.
In favour of bull-move and continuation, is that LTC already implemented seqwit, and it worked.
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the "middle class" Narwhalian class should be taken more into consideration, goooood point, that is my concern as well
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Absolutely! We hold too much credibility inside.
We have to release it!
Thanks!
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will happen very soon buddy I have done today technical analysis as well have the same feelling https://steemit.com/bodybuilding/@mrmoneymaken/leg-press-must-try-best-results meanwhile you can check and like button is welcome hihi
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Exciting to say the least!
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Hope your right but remember so long as we scale LONG TERM we are going to the moon. Daily price swings are irrelevant in the longer term up trend all the way to the moon and further
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The breakout can become trend-changing. This pattern is from early May until now, so calling it daily price swings would be a bit uncalled.
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Yup! Looks like it. Seems like its bullish right now!
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Its still in trading range :)
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Nice work! It sure does look like it, but with so much going on right now with talks of forks, segwit, bip I physically am unable to pour more money into this for the next couple of weeks (mid August potentially), after that we'll see what happens!
But am holding what I got for the moment!
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Thanks! Yeah same, but I have alerts on the lines. After august i think it will go up either way which turn it takes now.
So if it corrects, it can still probably bounce up after fork.
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This post received a 3.7% upvote from @randowhale thanks to @bymma! For more information, click here!
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This post has been ranked within the top 80 most undervalued posts in the second half of Jul 08. We estimate that this post is undervalued by $20.00 as compared to a scenario in which every voter had an equal say.
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Thanks for rubbing it in, without dropping as much as an 1% upvote. lol
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Breakout to the upside coming. Look to 3200 as the next top for retracement.
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Interesting! I hope to see that atleast :) what is your theory based on? could you give some info..
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We've been consolidating for weeks. We've had 2-3 tests in the range of 2100-2300 and, the bull run will force the price to fly through the 3k mark
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