Expected trading for today is between 6000.00 support and 8600.00 resistance
As expected, a massive swell of volume leading into an aggressive fall to 6k and a sharp bounce to 7.9k, and still a lot of financial analysts, see the bearish trend!
My point of view:
The bottom has been found at 5947.00, as I predict in my last post
Bitcoin Trend / Banks & Crypto War.It is unlikely, bitcoin price will be making any new low, below the strong support at 6k.
Crypto Bloodbath Killed the buyers in Dec 2017 and will kill the sellers in Feb 2018.
Patience is required from the hardcore hodlers that truly believe in Bitcoin and the philosophy of cryptocurrency.
The trend is Neutral to bullish, and I still see, bitcoin price start to manage to breach 8600.00 level around the middle of feb.
Breaching 8600.00 level and hold above it, will change the trend from "neutral to bullish" to bullish.
Expected trading for today:
is between 6000.00 support and 8600.00 resistance.
Expected trend for today :
Neutral to bullish.
Medium Term:
Bullish.
Long Term:
Bullish.
The low of 2018:
5947.00 / Strong Support.
The high of 2018:
25000.00 level.
YEAHHH!
I am hard core patient :-)
All the crash prophets won't trust their eyes in a couple of month later when they have to see new ATH's!
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Do you see Mate..
I still see right..
HODL..
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I am bearish yet, but I hope the recoverage continue. I believe that we need to cancel some low pivots to change to bullish =)
Thanks for the post. I'm following and enjoying
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It's just a loss if you push the button. Otherwise, it will be an experience to exercise your emotional intelligence and patience
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I just can't wait for bitcoin to go on a bullish run again. 20,000$ might be the next stop.
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it will be high after goverment regulations
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This comment has received a 0.33 % upvote from @booster thanks to: @jassi.
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It has the worse affect on SBD as i made about 2$ but due to fall of Bitcoin and other crypto currency i received only 0.4 SBD
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i lost upto 30 sbd in this dip don't worry dude
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Thanks dude
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I think the market will definitely see a further bounceback once we get more liquidity in. The credit card ban crunched the market a bit but crypytocurrencies are here to stay so we should see more access opening up, even if institutions are trying to limit access. As you noted though, got to have a long term vision here.
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I believe we may be able to see $50,000+ Bitcoin in 2018
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Thanks my best friend for comment and support..
For now , I can see the high at 25 k as in my new draw..
Let us wait and see..
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Mmmm. Phewph we made it!!! Glad thats (appears to be) over!
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Bitcoin price start to manage to breach 8600.00 level ..
Thanks for support..
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You are incredibly accurate in your calls. Thank you for keeping us in the loop!
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Thank you @lordoftruth for the information! I hope for growth and believe in progress on the Steemit :) Thank you for your visit! Have a nice day!
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it is rebounding slowly and looking at the stats today i see all the market is trading green and double digits, this is a good thing , hope it crosses the $8000 mark
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Always on point! Just a quick question, what do you think is the chance that $6k will be hit again today?
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I do not think so..
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Alright, thanks! You're the greatest!! :D
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Each year was similar to the beginning of the year, probably resulting in a Chinese New Year.
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i agree. i think prices consist of cycles and the cycle always renews itself and renews its progress
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wow finally the movement to the upward trend will begin lets go :)
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This is great analysis, price of Bitcoin is really affecting other cryptos...... Can't wait for the uprise, blood bath everywhere
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Hold is gold. It is easy for some one like me, I never spend my own money in crypto. So I have a cool haed always.
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Well said..
Thanks for support..
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Well a good call! Well done!
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Thanks mate..
We are in the right way..
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When do you expect BTC to hit 25K? I know it's speculation but TA is all you got when there is nothing else to provide valuable information. Do you also expect the price to dip yet again before we are able to breach 9K?
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This post has received a 6.86 % upvote from @booster thanks to: @lordoftruth.
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I share the same opinion with you
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very important post and analysis.
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Good work,good post.
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great post i appreciate your post thanks for sharing this crytocurrency news. Carry on my dear friends..
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Thank you for your great analysis
This look is so great
thank you
Good luck
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thanks for the info! always need!
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Its really isn't that unlikely to see $50000 in my opinion. That is only 150% over the last all time high.
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Well blog
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Thank you lordoftruth for making a transfer to me for an upvote of 6.14% on this post!
Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem!
The other half helps holders of Steem power earn about 60% APR on a delegation to me!
For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily?
To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
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Very nice post my friend @lordoftruth and thank you for sharing, keep steem on.
I would like to invite you to visit my blog @rizkyakbar thank you
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steadily it's building up. so with steem.
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Could be this, could be that, who knows! Adjust your count...
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@lordoftruth wow great post
##Upvote/Resteem###
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Bitcoin prices are going up a lot.
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good post
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Nice post Its so amazing post thanks for your informative post .....
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well and thanx @lordoftruth for give your reviews and share analysis and your always helpfull videos on stock is great work
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I’m hoping it bottoms out to a 5.5k so I can swoop up a little since I missed last Decembers prices hehe
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I hope Btc will reach once again the bottom, only today my deposit was approved on kraken... :(
what do you think it will happen on 16.02 @lordoftruth?
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so glad but wa have a long way to the 20- k
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Hope everything is good, I also do not want to see you disappointed ...
hopefully the future is better ..
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bully can it be that much !, maybe you just guess how much can it be?
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