Time: 8.10 A.M. / GM+2 / 23rd Feb, 2018 – Fri.
Bitcoin is currently trading around 9.8K at time of writing and the trend for today is slighty bearish. But a pullback to 10.25K level could happen before the selling pressure lead the price to 8.7-9.2K!
A dying star flashes real bright now, to confirm the bear action, but based on the head and shoulders pattern on 4-hour chart, that was formed on the last 24 hour / February 21, I believe bitcoin price will hit 9.2K on Feb 24-27, and the natural rollback to 8.7- 9.2K, will be followed by upward move to hit 14.5-15K.
Expected trading for today:
is between 8700.00 support and 10700.00 resistance.
Expected trend for today :
Slighty Bearish.
Medium Term:
Bullish.
Long Term:
Bullish.
The low of 2018:
5947.00 / IHS Bottom.
The high of 2018:
25000.00 level / Expected.
Looks like a reverse head and shoulder pattern forming. Hopefully it turns bullish and we have a great March.
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Thanks for informing us great work for the community I appereciate it that you always inform with latest updates keep it up
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Thanks @lordoftruth for the update, I was waiting for 3 hours, keep refreshing your Blog to see if there is any update.
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also good information.
like your lovely job.
thanks for sharing!
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This great information I appreciate your post thanks for sharing thiscrytocurrency news best of luck my dear friends..
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It’s a roller coaster ride for sure. Whole market has fallen this week, gives people more chance to buy low. One of the best memes I’ve seen recently:
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it's great to share...
thank u.very much sir..
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bitcoin is one of the biggest opportunities since the invention of the internet itself.... great times to be around....
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An optimistic analysis that I share with you @lordoftruth
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Great to know the bitcoin trend was waiting for it but seems like it is at the bearish trend right now
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this could go this much down again so much bearish at the moment
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Wow nice post. Keep em coming. will folloy you for more in the future :)
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Interesting as usual....do you think BTC will ever come down to $5.9 k again ever?
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Thank you for collaborating with me to promote this post as explained at https://steemit.com/steemit/@jerrybanfield/10-ways-to-fund-a-steem-growth-project.
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Where do you think btc will be by the end of March? Bears or Bulls? 🏆
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It's funny we all are aligned with the inverted head and shoulders pattern..hope our predictions will be in short accomplished
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Thanks for sharing the star confirming a bearish movement, but the long term trends is still bullish I believe. Thanks for sharing.
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See where Elliot Management called Bitcoin worse than a fraud lol.
https://www.thestreet.com/story/14496027/1/bitcoin-prices-slide-wednesday-for-a-number-of-reasons.html
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hey i like your post so much..thanks for sharing
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This post has received a 9.19 % upvote from @booster thanks to: @lordoftruth.
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thanks for the bitcoin report on trends your trends has always help me out
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damn! where did you learn technical analysis? as you have predicted, there's a slight pullback up to 10.25k now, and i think it's going down again. you're always on-point! please teach me master!
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where are the bull run hahah we need it :)
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Well thanks for the update buddy will be careful in these situations as it seems !
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very informative post for us, @thanks for share
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Thank you for informing about this useful information dear friend)
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