Bitcoin Price Action Narrative Update

in bitcoin •  7 years ago 

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Another quick price action narrative update.

Remember this from yesterday's Bitcoin chart art blog post:

BTC/USD 4 Hourly

7F41377D-4E6B-4C8C-8C65-664CA741B4C7.png

That just looks a retest of previous short term support as resistance to me. A real danger zone.

And now take a look at what has played out in the 24 hour since.

BTC/USD 4 Hourly

price.jpg

Price action is such a beautiful thing. Find your levels and trade your levels.

Best of probabilities to you.

Peace ✌🏻.




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i dont think most of the Cryptos will reach the value they had in dec2017 again.....people have started losing interest again well most of people right now who are holding CryptoCurrencies right now are new people who have seen alot of growth in market and bought and after seeing whats happening right now this people are getting desperate for selling their Cryptos.

I really do not think the Crypto Market can be stable for at least next 4-5 months better to buy and hold it for a long now

I completely disagree with everything in this comment, but lucky you had your bots to upvote it to the top of the pile. Dick.

Nice post

🍆.

I am continually saying that Bitcoin is very difficult to chart because there are so many factors that affect its pricing. Some are internal but most are not making it even more difficult. It will take years in my opinion before we can accurately predict what will happen. In the meantime continue to do your best, don't get discouraged and stay away from open windows. Thanks

Haha, so dark!

Excellent information very good graphics greetings good friend thank you for sharing this great contribution greetings

Greetings, greetings, greetings!

Who does not know Bitcoin? Maybe that's a question everyone knows the answer to. The year 2017 became evidence of bitcoin became popular in the world. It took 8 years since its inception in 2009 to make bitcoin really enthused by the public. If we look at the value, the result is quite amazing. can not, the value of 10 BTC with the price of $ 6 in 2012 could reach the valuation of Rp 2.5 billion rupiah at the end of December 2017 (techinasia). This shows that people are starting to accept bitcoin deals, not infrequently, bitcoin itself is widely used for real transactions, such as, buying pizza, game vouchers etc.In an age of uncertainty or distraction, our unreasonable things are very likely to be. One example is the destruction of a Finnish flagship company, for example, Nokia, in the 2000s almost everyone used a mobile phone with Nokia writing. Nokia is currently the king of telecommunications equipment overcoming Motorola and Sony Ericson. After 2010, we can see HP Nokia suddenly disappear from circulation because of losing competitiveness with open-sourceAndroid and Apple. This is evidence in the disruption era, can be made for miracles, including Bitcoin. Who can not cash into the coffers of income for the people in the present era. It's an interesting thing that we need to look at from the start of who the founders are, what the profit is, and how Islam sees this. 3 This will be an important article on this subject.@forexbrokr

“At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.”