Time: 8.17 A.M. / GM+2 / 11th May 2018 – Fri.
1757 cryptocurrencies are listed at Coin Ranking and 39 of them have a market cap of $1 billion. The growing investment in new ventures is diversifying the crypto world and allowing the exploration of various benefits presented by the blockchain technology.
Bitcoin is not an ideal investment on 2018 / BitcoinTrader's Year / as people are looking forward to other cryptocurrencies which have lower value and more useful as compared to Bitcoin. But most likely trajectory of future mining infrastructure growth should underpin bitcoin price appreciation into the end of 2019 / Bitcoin Holder's Year /.
Bitcoin wasn’t off to a strong start for the week as it was dragged down by profit-taking and remarks from Warren Buffet. However, a few positive developments were still reported, such as ICE’s plans to create a bitcoin exchange.
In our previous post / 588 / we had forecast the trading range will be between 8.573K and 9.676K. The intraday high was 9.393K and the low was 8.870K.
Bitcoin price seems to be caving to bearish pressure since yesterday to approach form our first target at 8.832K, suppored by Stochastic and Oscillator that suggest the continuation of selling pressure towards Fib extension 78.6% level at 8.573K followed by the full extension located at 8.367K.
A deep retracement, is expected and most likely the / Retracement will be on Waves / towards: 8.832K / 8.573K / 8.367K / 7.770K.
...No Change...
We suggest / The Bearish Trend / for today.
Support 1: 8573.000 level.
Resistance1 : 9421.00 level.
Support 2: 8367.000 level.
Resistance2 : 9767.000 level.
Expected trading for today:
is between 8573.00 and 9767.000.
Expected trend for today :
Bearish.
Medium Term:
Neutral.
Long Term:
Bullish.
The low of 2018:
5947.00.
The high of 2018 (BitcoinTrader's Year):
16046.00 / Expected.
The high of 2019 (Bitcoin Holder's Year):
25000.00 level / Expected.
/ Project by @knircky & @famunger /
You must write a comment to the this post.
investing considerable time and effort up front in
hopes of considerable returns down the road.
I'm so proud of my little blog, and so grateful to all of you
for support to keep it going.
I have a question ......why SBD price decrease day by day ?? what reason can you tell me
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Because it is traded with BTC and BTC is going down, as it is mentioned in this article.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
SBD should be $1 so expected to go down to this
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It was great seeing STEEM had a market cap over $1bn few times already. Is that good in your opinion or you think the market cap is already over the realistic potential?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you so much for sharing,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Day by day cryptocurrencies listed is increased but maximum of them are can not be improved their marketcap..@lordftruth..
Your bitcoin trend series is so infromative
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for your informative post
Thank you somuch
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, I think this is true.
This would be nice :-)
You forgot one "0" =>
250000 !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
its a very helpful post, thank you..for share it.....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks very much for your forecast. I think Bitcoin's price will be 25k end of 2018.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks a lot for this helpful daily series @lordoftruth .
Love reading it! Have a great day 😄
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@lordoftruth has set 0.791 SBD bounty on this post!
What is a bounty exactly?
A bounty is money sent to a post to be distributed to the users commenting on it. It provides a way to reward users directly and works in addition to the steem/sbd they receive from the blockchain. It works independently of SteemPower.
You create a bounty by sending any amount of sbd/steem to @steem-bounty together with a post-url in the memo.
How can I earn a bounty Users are then competing for the bounty by writing their answers to the post in comments that will achieve upvotes from the community and especially the bounty creator. The money of the bounty gets distributed to all top level comments of the post at the same time when the post is paid out (7 Days after it was written). How much everyone gets depends on the votes the comments received. The sender of the bounties votes are weighted higher so that she decideds where 80% of the bounty money goes and all other votes determine the rest.@steem-bounty does all of this for you automatically. You can use this service to automatically pay out a challenge, ask a hard question or simply to reward the people that interact with you.
Read more about how it works, even in different languages here.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations to the following winner(s) of the bounty!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Seems like a strong resistance around 9.5K.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great post...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 9.26 % upvote from @booster thanks to: @lordoftruth.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The breakout occurred in negative zone this time badly getting dumped
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello lordoftruth,your technical analysis is very truthful and the market should be move around this prices and we should be also follow it,thanks a lot for analyzing the crypt o market.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit