Bitcoin Daily news and hot update!!!

in cryptocurrency •  6 years ago 

🤓Litecoin (LTC) founder Charlie Lee now an advisor for HTC’s blockchain smartphone
🤓Crypto market overview: Bitcoin, Ethereum go down; Goldman predicts more pain
🤓CLS, IBM and banks test blockchain app store

I am a fan of long term investing and I do like this long term chart!

Now I’m saying long term.. but short term I am not so bullish of crypto...
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bitcoin testing incredibly key support at 7800 area. 3hr chart RSI has reset. If it can’t hold here and fails to make a higher low above 7200 area...i think BTC is correcting the wave 4 I have been saying, however a slightly different wave 4. Asymmetrical probabilities, dynamic markets

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Lower low has been made - 7800 breached. I wouldn't be too excited about longing here quite yet.BTC dom coming up against that 50% resistance point

DQmVWBiNTgAYJsNwssQsHCp5sY5Q3UJ49snbYxoLpbxG5ZG.png

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  ·  6 years ago 

Great information! i think 7800 is a strong resistance. I am also a long term investor and i am still bulish on cryptocurrency.

I think the same

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  ·  6 years ago 

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