[ Bitcoin Price ] Bitcoin update and Happy New Year to all on Steemit

in bitcoin •  7 years ago 

Bitcoin bears broke $13500 yesterday and went all the way down to $12125 from $13757 on Bitstamp. That is a 10% drop! Who bought on the dip? I missed it. ☹

We went all the way up again to $13431 again and now we are at $12960. The bulls are trying to turn the price, but looks like the bears are in control.

The support is around $12125 on Bitstamp and resistance at $13431.

Here is the latest technical analysist video from The Chart Guys:

Also have a look at Tone Vays comments below on the bitcoin price from time 27:30 Tone is a little bearish because his chart are negative but not showing a sell signal either.

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Thank you everyone on Steemit for a great 2017. I wish you a happy 2018 and may you reach all your goals in Steem and Bitcoin.

Please comment below with your thoughts on the Bitcoin price.

I upvote all comments.

Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour in the near future.

Thank you. :)

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Thank you for your support.

Regards

Colin Brazendale

Email: [email protected]
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More information about me:

I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 16 months. I am in profit and doubled my bitcoin in this time. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online.

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Maybe it just dropped from 22k because of one of the founders selling all their BTC. Will go up again soon!

Not sure, but time will tell @pjcswart

@colinbrazendale happy New Year to you to. I think BTC will still drop more

Bitcoin is looking weak at the moment. I think the bulls will be back in the New Year @polaleye

I Agree!

12k end of year is a win in my book when you look at where it game from and all of the friction it had.

Start Price about $800 per coin now $12,000 + per coin

  1. China bans it
  2. Forks and more forks
  3. Miners disputes
  4. FTC crack downs
  5. ICO bans

An yet after ALL of that bitcoin is up over 1,200% for the year shows how strong and how much further in 2018

Agree, that is amazing stuff @bitcoinflood

Thanks for the information. With China ban and all the sales in the name of Christmas celebration I am not surprised at the rates. I just followed you and hope to get more information on happenings in the crypto business. What alt coins do you think have prospect in 2018?

I am only in Bitcoin and Steem. In 2018 I will be buying Techcoin for speculation only. I don't follow any other coin @dee13

OK thanks. Please l want to start mining bitcoin, can you help me out on how it is done?

Good review it is full of information about btc price. Thank you for providing this information
I think btc price falling due to the new year because people needs money to celebrate so they sell there btc but it wilk increase rapidly after new year

That will add to the current weakness @ameerkhan

How to invest in bitcoin.

Step #1 : buy bitcoin
Step #2 : wait 3-5 years
Step #3 : check the price

If you check the price during the 3-5 year waiting period, you are just adding unnecessary anxiety and drama to your life

I like that approach :)

Thanks for the review - I really feel lost with all of that price fluctuations and I hesitate whether I should buy or sell... reviews and videos like yours really help deciding what might be a smarter path to walk, thank you.

I am very glad that this post could help you. Thank you for your support and comment @kivsha

Interesting review. I'm new here and look forward to posting great content and seeing more of yours too. Follow for follow backs (:

Thank you @exemplary

It was interesting to read! I will subscribe to your blog!

Thank you @gleb-jeglov

this blog contains much information and i thank you in the core of my heart to give such a important information

Thank you @bestmdfisal01

happy new year to you too. @colinbrazendale

thanks your post very helpful upvoted <3

Thank you for your comment @rebecca80

I agree with your opinion. I want to increase the cost of bitcoin in 2016. Because it is very important to reach our goals. I think it must be। thanks for sharing.
@colinbrazendala

Thank you for your comment @baizid

Really good information, thank you for that and also happy new year.
Do you think BTC will surpass this years high in the following year?

Yes, I am sure it will @comanico

Who cares about bitcoin? Steem it will be stronger.. Just look it! Growing and growing... Bigger and bigger!

Cool!

nice

Thank you

Hope the New Year Brings Out Much More Bright Future for Cryptocurrency.

Yes!