Last week was my most depressing Bitcoin week in over 2 years following bitcoin. But that all changed this morning when I checked the bitcoin price and saw it jump from $7356 to $8401.
I tried to find videos on YT from the Guru’s to hear what they have to say about this jump but found none. All I could find was very negative outlooks they made 12 hours ago. This bounce happened about 10 hours ago, so this must be a big surprise to them all. I am 100% sure they will make new videos today about the bounce.
Bitcoin has once surprised all with this bounce. But will the Bitcoin Bulls build on this bounce to turn this market into a Bull market again? Only time will tell.
Here is this morning’s bounce:
Source: bitcointicker.co 24 hour chart
Here is the very negative view from Tone Vays before the $1000 bounce:
Here are The Chart Guys view. Dan takes a longer-term view which does not happen often:
Here is Haejin Lee view on the Bitcoin price:
Do you think the Bitcoin Bulls have returned?
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Thank you. :)
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Regards
Colin Brazendale
Email: [email protected]
Facebook: https://www.facebook.com/colinbrazendalesinternet/
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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 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.
I think the Bulls are back. It will be great to see another bounce to above $10k to break this Bear market and confirm that the Bulls are back for good.
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$10k would be nice, but that is $1700 away. Will Bitcoin surprise us again?
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need two days above 8000 ( as I mentioned). I do not see the worst case..(6000).
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Looking good, Btc has been above $8000 for more than 2 days now and bounced off resistance at $8300. $10k next
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agree....lots of "expert" naysayers...and that is healthy...a decent basing period here is good.
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I still think we're not completely out of the bear market just yet. The long term bear trend line needs to be broken and btc needs to consistently stay there. We're still part of the falling wedge.
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Yes that is true. I would like to see a couple of these bounces this week to turn the bears to Bulls @pqbd
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The bulls are going out one by one. Soon they will run together again to above $10k
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10K is definitely gonna be a psychological barrier to break. It's just a nice number, and potentially indicates to us who's in control again! Glad to hear this update :)
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I love that bounce after last weeks bear market @chunger. Trust this week will belong to the Bulls! :)
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Yes this was the week of the bulls
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You got a 25.00% upvote and resteem from @ebargains courtesy of @colinbrazendale. Thank you for using the @ebargains UPVOTE and RESTEEM bot.
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What is the ROI on delegation? Is it above 36%?
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It fluctuates. It was about 38% back when Steem was above $3 since more people were posting. It is a little lower now.
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Thank you for your fast reply @ebargains
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Basically, the bot automatically pays out 80% of SP prorated earnings to delegators. Therefore, if more people use the bot, the higher the ROI.
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Bitcoin should continue to go up and up. Since other crypto are taking their cues from it, then it should never go down. This is not to mention the fact that a lot of haters are waiting to gloat over we the crypto faithful. May you continue to be positive, that will also infect us to be positive too. Thank you for sharing.
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We need some positive vibes and thinking after last weeks fall
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You got a 3.40% upvote from @postpromoter courtesy of @colinbrazendale!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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great dear again see
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Thank you
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This post has received a 6.49 % upvote from @boomerang.
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Good upvote bot
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Great post! You just got a 6.92% upvote from @edensgarden!
Thanks for tasting the eden!
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As mentioned yesterday (see my post) 8000 is key...two days above (if) and we need not see the lower support levels..(6000)
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Yes I agree. Nice bounce in the last 24 hours.
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and thanks...I hope you'll find my reports timely..(and hopefully accurate) it once was my "job"...can only do my best. We are not sure of the degree of 'manipulation' be sure it exites big time in the metals market.
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You got a 5.00% upvote from @brupvoter courtesy of @colinbrazendale!
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This post has received a 10.75% upvote from
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You got a 20.00% upvote from @adriatik courtesy of @colinbrazendale!
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Release the Kraken! You got a 15.25% upvote from @seakraken courtesy of @colinbrazendale!
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great news for everyone who invest on bitcoin :D
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It sure is @angelard. Lets build on this bounce.
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