BTC - The real break out finally came

in bitcoin •  7 years ago  (edited)

Hello all,

Yesterday I was saying you that the move was not powerfull enough for a break out from that long term triangle.

It took little more time than expected but it did it during the night :

BTCUSD.jpg

It broke the little triangle with a UP and reached the level around $7000 that I was talking to you to validate the break out scenario and avoid the Head Fake.

We should have now a little correction soon but the Bull trend is clearly back ! Enjoy !

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 - Le réel break out est finalement venu

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Long live the bull. Well till the 17th Nov anyway!

Damm, 10K is really possible.

Thanks for the update. Looks indeed like the trend is confirmedthx.png

I always predict this one month ago . And i am right

Nice

Thanks for the optimistic look. Although, I'm still going to hold my breath until we pass the SegWit2X fork later this month.

Thanks for the update! Right now we are moving in to dangerous territory, at least short term. Looks like real volume in on the downside, your chart documents that..But still longer term look bullish!

  ·  7 years ago (edited)

Bitcoin going up and up by instead of coming down. although many people criticizing for non availability of its KYC system.. What is your expectation in up coming day

Wooow, 2018 = bitcoin 10000$

Bitcoin Rising like jet aeroplane

over $7200 is de Resistence Monthly R1 .....
Personally I value a bearish scenario also on the $ 4800 on the MONTHLY S1 support..

greetings

How do you expect to see the pullback?, is there any new trend line or resistance we should consider?

As the BTC is boosting higher and higher, the altcoins are going down...
People are dumping the coins and rushing to BTC
(See the chart here: https://steemit.com/bitcoin/@hoball/btc-usd-is-now-in-bubble-mode-watch-out)

BTC is getting crowded, so please pay attention to any sudden drop while enjoying the bubble, reversal could appear anytime!

I bought a bit last night buying the breakout. I was with you on the head fake bit it started to move towards the end of the night.

This will create a bigger news event which means more people pouring into BTC. We could see a run towards $8000 now with smooth sailing. Too many late entries before profit taking occurs.

good