Bitcoin condition is getting worse from bad. It has broken important support level of 8k and currently, it is trading $7199 down 12% from the last close of $8167. Now next level of support $5710 if BTC won't close above 8k today and tomorrow.

in busy •  7 years ago  (edited)

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busy bitcoin cryptocurrency market
7 years ago by

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      ·  7 years ago 

    Looks like we will see a cup and handle pattern in long term and it will take at least 3 months to get that level. Bitcoin is just behaving like a typical altcoin currently.

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      ·  7 years ago 

    speculation is good but bad for trading, chart is nowhere telling to buy . One may see pattern emerging maybe cup and handle but that we may see or might not!!!!

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    1 vote
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      ·  7 years ago 

    Lets see what happenes in next 48 hours.

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      [-]
        ·  7 years ago 

      Good.

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        [-]
          ·  7 years ago (edited)

        Great analysis! As your data suggests, it's all about the dollars and getting that bitcoin vote. The trending page is really the bitcoin page. I am positive with steem and bitcoin it will soon rise

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          [-]
            ·  7 years ago (edited)

          I think bitcoin condition will be good at the end of February

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            [-]
              ·  7 years ago 

            I hope it will rise after 7K...

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              [-]
                ·  7 years ago 

              I'm very surprised that bitcoin fell through $8,3k level despite the news from China!? I Imagined the support was much firmer...

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