"Bitcoin again at support"

in bitcoin •  8 years ago 

2290$ and 2130$ are main supports to look at with increasing volume and oversold RSI ,might be a last push downwards...FB_IMG_1498969710178.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

right analysis

Wawww this good one m

Good analysis on bitcoin

Price drop due to the release of the Segwit2X beta. Next critical date is the 14th, when miners start running it as their main node. On the 21st they begin signaling, and if this is successful the Segwit system is locked in after 3 days.

Should the Segwit2X signaling fail, then on August 1st BIP148 will come into effect, and Segwit will be enforced on the Bitcoin network, which may lead to a chainsplit. I recommend people hold their Bitcoin in their own wallets during that volatile period of time.