Bitcoin has been moving downwards for the last day or 2 after reaching $11030 on Bitstamp. Is this just consolidation before the next big move?
I am glad to see that we bounced of $10236 last night, but it will be even better if we can break $11030. We are currently at $10617 and I am wondering if we will go back to $10236 before a bounce above $11k od will we go the other way and fall to $9313?
In times like these I go to the experts for more info and direction.
Dan at The Chart Guys is seeing a potential equilibrium pattern forming on the daily candle chart. He is watching for a pull back above $9313 to from a higher low which will be good for the Bulls. If $9313 does not hold, we are likely to see lower lows and that means we could go back to $6000.
Tone Vays is neutral on Bitcoin. He does not recommend any trading, up or down, for now.
What do you think of the current bitcoin price? Are you holding, selling or buying?
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 soon.
Thank you. :)
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Colin Brazendale
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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.
You got a 29.53% upvote from @dailyupvotes courtesy of @colinbrazendale!
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Good job thank you @dailyupvotes
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Are you trading or investing in Bitcoin or both?
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Much more investing than trading. Buying the dips @tradrhacks
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Well this is good news despite the numerous disappointments. It is my hope that it surpasses 12k this month.
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I second that @izge!
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Again it will fall 😂
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Ono, really @saimegh I hope not.
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You got a 3.36% upvote from @allaz courtesy of @colinbrazendale!
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6.82% @pushup from @colinbrazendale
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You got a 14.08% upvote from @ebargains courtesy of @colinbrazendale!
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Sneaky Ninja Attack! You have been defended with a 1.56% vote... I was summoned by @colinbrazendale! I have done their bidding and now I will vanish...Whoosh
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Thank you @sneaky-ninja
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Thank you
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Thanks
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You are welcome! :-)
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You got a 1.93% upvote from @upmewhale courtesy of @colinbrazendale!
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Top dog! Thank you @buildawhale
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Release the Kraken! You got a 7.80% upvote from @seakraken courtesy of @colinbrazendale!
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Great post! You just got a 10.00% upvote from @edensgarden!
Thanks for tasting the eden!
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Thank you @edensgarden
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