BTC - The correction continue as expected

in bitcoin •  7 years ago  (edited)

Hello all,

The correction on the BTC is slow but needed and predicted.

For thoses who didn't read my previous publications, here is the chart that I predicted 2 days ago :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

I think we will continue to have this little correction/consolidationto be able to touch the MMA13 (green line).

We are still in a nice UP trending if we don't break the support line in red. Be ready to a possible second big UP in the coming days when the MMA13 will have been touch.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BTC - La correction continue comme prévu

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Thanks for your information. I see a lot of people now also investing Litecoin as Bitcoin already is on a high price to buy.

psychological. litecoin is cheaper, thus you can buy hole units. it would be significantly more difficult to do that with Bitcoin.

  ·  7 years ago (edited)

I just posted an article about bitcoin. Apparently APMEX, one of the Leading Gold and Silver Exchanges will now be accepting BITCOIN. I can only see Bitcoin going up from here if the Metals Exchanges are jumping on board. Thanks for the article. I too have thought much about the ups and downs of the digital currency. I can't imagine if the Currency really took off. Interesting times. If Interested my bitcoin article check it out at my blog. Have a good one @cryptopassion . Your Article has been RESTEEMED.

This is awesome!

I agree. Its really huge for Bitcoin. Here is the Link for others if they want to check it out. Cheers. https://steemit.com/bitcoin/@crowe/bitcoin-news-apmex-gold-and-silver-exchange-now-accepting-bitcoin-huge-news

Lets hope support holds and we bounce off.

Hy guys i need some help i am needy person please upvote me

While Litecoin is over here shooting to the moon!

A good rule of thumb should be to invest only that money in cryptocurrency that you can afford to lose. In other words, pay your bills first!

It seems that the Sky is the limit for Bitcoin

Mr.-Bean-Thumbs-Up.jpg

Good to see this @cryptopassion

Hi,

Thanks for the nice analysis. I see that you're using MMA 13 and MMA 50. Can you explain to a noob like me why these values? I heard that people are using MMA 13 and MMA 24/34 so I'm lost a bit.

Thanks for your help ;)

I have been talking as well about bitcoin having a correction, i still dont belive its value is where it stands right now, in my opinion bitcoins value is still around the 13000 to 14,000 range. Let me know if you agree?

i liked this post

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Ups n downs remains....market or inn life..

25.000 $ till the end of the year!

I also think it will reach $ 25,000 by the end of the year.

Analytic post.this post is help us.

Lets hope it goes on bullish run again soon. I added little bit of BTC in my portfolio at recent high and it hurts to see that transaction in red. :(

  ·  7 years ago (edited)

Thank you. Very necessary information.

Thanks for your post @cryptopassion!!

I would really like your input on my article:
https://steemit.com/bitcoin/@zen-analyst/bitcoin-the-ticking-time-bomb

Please read my blog on a wallet that gives free bitcoins and other cryptocurrencies daily!:https://steemit.com/introduceyourself/@zen-analyst/qoinpro-free-bitcoins-and-15-other-cryptocurrencies-update

thanks for support!

CryptoZen

I tried a couple new alts just in case a big bitcoin sell happens. Hoping they get a decent jump

bitcoin !!!!!!!!!!!!!!! Love it

Your TA is correct, but you should show this on a different timeframe

Bitcoin is slipping moderately in anticipation of futures launching tomorrow:
https://steemit.com/bitcoin/@xsid/bitcoin-futures-countdown

Cant wait for this correction. Altcoins need a good pump BTC has taken over.

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from your chart looks like 14k is the support level. right now, it's currently touching that area

Thanks

Very nice analysis. I hope you´re right as that would mean it´s going up even further cracking the 20k for good maybe :)