BTC - Correction - Nice support lines in place

in bitcoin •  7 years ago  (edited)

Hello all,

The BTC is now in correction mode since some hours. Nothing drama till now but we have to keep an eye on some big support lines :

BTCUSD.jpg

As you can see on that chart we have a big support line around $9200 and another one around $7800.

If these support lines can hold the correction, the UP trend will come back soon.
If we break the first support line around $9200, we still have the support line at $7800 as backup.
However we must don't break that last support line or we will go in a very bearish scenario.

I wish you massive profits,
Cryptopassion.io

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Version française ici : [FR] BTC - Correction - Lignes de support en place

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now BTC price come to down trend but not sure how many times down.

I can see the headlines: btc crashing, it was a bubble after all.
Mainstream media badly try to mark crypto as a bubble.

It's already on CNN : )

Corrections are good, they weed out weak.

9.42% @pushup from @babarrajo

This will be interesting too see how everyone handles this correction

The Price is going to come back up for sure. Wait till febuary when amazon starts taking bitcoin. MOON Landing! Upvoted (>")>

informative post

@cryptopassion, thank you for the latest updates on how is BTC correction going to take place. And of course we have to be on the look - out of finer things before taking a final call.

si bueno siempre fluctua hay que estar muy atentos alos picos

yeah...we are on......

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Bitcoin always growth.... Bitcoin always jamping that is increasing thanks for your good crypto news I appreciate your post @cryptopassion 👍👍

I don't really understand you.
Does the support lines have a role in the rise and dropping of bitcoin?

Today morning, it went to little low & again come up with same price..amazing

don't sell now to buy low, just get Fiat ready for when it dips, you'll cry if 10K is the new support and it never goes down. This might be the case looking at the mainstream adoption that is kicking in.

Thanks for the useful information

I couldn't agree more ... its an unstable time for bitcoin because it is fluctuating a lot ... i guess we'll find out before end of this year how this year is gonna end for bitcoin... lets hope It follows 9200$ support line or 7800$ support line, then its going to be huge before the end of 2017.
Anyways its my own opinion.

thanks man!

7800?

i just upvote you & you back upvote my post ....please@alaminbappy

This comment is NOT how we make the Steem community greater

ahmm you mean ''how we make the Steem community greater This comment is NOT '' ?

i know broo,,,but what i do? i can not get enough vot

You post comments with actual content people want to read. How hard is it to read the article and post your thoughts on the subject?

  ·  7 years ago (edited)

I would suggest that you should properly read posts of others and then make a suitable comment, that way, more people will follow you and when you post something good, they will upvote your post on their own.. you are lucky that someone here did not flag you for this..