Well, Bitcoin seemed to be remained quite stable today and that's why Market started to recover a little bit. But in future will it remain stable or move upwards, that's highly unlikely. Bitcoin tested $7800 today and then rose to $8500 but since that it was not able to go past the $8500 resistance and seemed to be falling again.
Until Bitcoin reaches $10000, it remains in downtrend and Bearish trend emerges in the market. Current market capitlisation is holding over $405 Billion with a Bitcoin dominance of 34.5%.
Currently Bitcoin is trading at $8210 and seems to be falling from there. Next support area would be around $7800-$7900.
Now, let's have a look at some Alt coins whose updates are due on 12th February and we might expect some price pumps in these Alt coins.
AION : MOAR AION in Circulation! The 3rd Release (monthly) of 6.25% of AION Tokens for those who participated in AION's Token Release Schedule. PROOF
Dimecoin (DIME) : Roadmap Released PROOF
Nexium (NXC) : Roadmap released PROOF
Cappasity (CAPP) : New partnership announcement with Luxury brand. PROOF
TenX (PAY) : More about COMIT from our #TenX CEO Toby Hoenisch speaking at the Bitcoin Singapore meetup on 12th Feb at our office PROOF
PIVX : Topics will include: What is PIVX? What is swarm? How to get PIVX, Proof of Stake (PoS), event ideas, and general blockchain PROOF
Octoin Coin (OCC) : Octoin will hold a marathon of meetings in Asia. Second destination : Cambodia PROOF
Lomocoin (LMC) : Three airdrops at once PROOF
Bluezelle (BLZ) : Bluzelle will be an exhibitor at money live Indonesia PROOF
Omni (OMNI) : Block explorer website (http://omniexplorer.info/) updates and changes. PROOF
Note: Cryptocurrencies are highly volatile, so please take care of your investments and always use stop loss orders to limit your loss.
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Depends on the time frame you're holding. If you're going for 1+ year then now's still a good time. Anything sub $100 represents a good risk-reward (see DASH historic charts then amplify that).
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Thousands Infected!!! - New Monero-Mining Malware Targets Android Devices!
-> https://steemit.com/malware/@blockchain-group/thousands-infected-new-monero-mining-malware-targets-android-devices
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-> https://steemit.com/@blockchain-group
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And Bitcoin Lightning Network! By the way I just did a post where i talked about the pros and cons of trading or Hodling Please check it out!
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