A long-term bull reversal (bear-to-bull trend change) would be confirmed if BTC bounces off the support at $6,000 and sees a high volume break above $6,832 (neckline resistance).
Good article if you're into the technicals of bitcoin, many different scenarios laid out, I especially like the inverse head and shoulders pattern of the chart above. So we really need to get above that $6832 level.... Also the article goes on to say that the chances of bitcoin falling below $6000 are pretty low.
Read the full story here...
https://www.coindesk.com/bitcoin-may-be-building-for-a-major-bull-reversal/
Update on the price of bitcoin, looks like the $6000 level is holding....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Now it is a very choppy market. But I hope you are right. I think after 10 to 15 days, It will be pumped. What do you think?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No clue, I'm the worst short term trader ever.... lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For reference bitcoin at $6400 right now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
WARNING - The message you received from @asadxp55 is a CONFIRMED SCAM!
DO NOT FOLLOW any instruction and DO NOT CLICK on any link in the comment!
For more information, read this post:
https://steemit.com/steemit/@arcange/phishing-site-reported-steem-link-premium
If you find my work to protect you and the community valuable, please consider to upvote this warning or to vote for my witness.
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