Bitcoin Update 31/01/2018 by Crypto Mate Team

in bitcoin •  7 years ago  (edited)

Greetings from Crypto Mate Trading Services,

  • As far as, Bitcoin remains below 11400$, we are expecting next leg down towards 8800$-8400$.

  • There are few FUDs about tether but we damn care about it. We will follow Technical Analysis.

  • For Shorter Term, Bitcoin remains bearish until breaking downtrend resistance with good volume.

  • Bitcoin is currently under anxiety phase according to market cycle while Alts are painting disblief phase after past few weeks short rally.

btc_chart.png

Crpto Mate Team

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Ali Raza (Trade Analysis and Signals)

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7 years ago by

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    • [-]
      ·  7 years ago 

    We are currently in a phase of market regulation and consolidation. The January corrections are rather good news for bitcoin and other cryptocurrencies (healthier and stronger fundamentals). This cleanup was necessary !

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      2 votes
      [-]
        ·  7 years ago 

      Corrections are always healthy for organic growth and we are confidant that bitcoin will break ATH in Q2 of 2018.

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        [-]
          ·  7 years ago 

        Big companies accumulating in this dip, So dont sell HODL
        BTC have a bright 2018, Mark my words
        Anyway great analysis man :)

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          1 vote
          [-]
            ·  7 years ago 

          We have given updates for both short term traders and long term traders in our CMS Discord channel and we advised short term traders to sell at 11500.

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            [-]
              ·  7 years ago 

            Bitcoin Vs. Litecoin: Which Investment is Better?

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              1 vote
              [-]
                ·  7 years ago 

              Litecoin
              It is cheaper
              Going from 150 to 300 is easy than going from 10k to 20k

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                [-]
                  ·  7 years ago 

                $ 8800 is impossible

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                  1 vote
                  [-]
                    ·  7 years ago 

                  Do you still feel it is impossible?

                  Crypto Mate Team is professional and have very good experience in market. So keep following to get accurate informations.

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                    [-]
                      ·  7 years ago (edited)

                    Congratulations, you win
                    I Follow you

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