Bitcoin (BTC) Mid-Day Update: The Biggest Popcorn Kernel...will it POP?

in bitcoin •  7 years ago 

SUMMARY

IF price rises further and breaches the upper white line (blue circle); that would be significant. Price is so close to the apex! That would also mean that the MACD will also breakout. Funny thing is that I'm seeing Altcoins beating Bitcoin out in the breakouts!! Case in poinst Verge and ZEN.

Here is the chart from this morning showing that price made it back into the blue triangle and is now reaching for the top blue trend line. I'd like to reiterate how the decreasing sized wedges reflect the near decimation of the selling power. Can we get a breakout in Bitcoin over this weekend or must we wait until later April? Hmmmm......

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It'll go down

5th fractal.png

A 5th Fractal maybe?

That wouldn't be surprising!

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WARNING - The message you received from @Haejin or @StarJuno is a CONFIRMED SCAM!

DO NOT UPVOTE & DO NOT TRANSFER any funds to these people!
Haejin is WANTED by the SOUTH KOREAN GOVERNMENT for TAX EVASION.
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Good information, thank you very much, i really appreciate it.

Hello! I followed you, let's increase the power of Steemit together! I hope you follow me. I'm always glad to have a new acquaintance with good people! ;)

I'm hungry for popcorn.

Oh how i hope you are right!!!

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  ·  7 years ago (edited)

It'll go up

Hopefully it all rises up so it would be beneficial to all who have invested in the crypto. I know of sone fellows whose source of earnings is fron crypto and its rise means a bigger food on the table for the family. Thank you for the update @haejin

Great post! I Just upvoted you.

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I do love your analysis, im learning at the same time as understanding whats going on with bitcoin. 👍

  ·  7 years ago Reveal Comment

it should pop! It's low for long time :(

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