#BTC UPDATE 29/01/18

in cryptocurrency •  7 years ago 

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Most people look at charts from a micro perspective simply because they are going for a short term / day trade. Interestingly enough, if you look at the market from a more macro (long term) perspective - charting using 1 week candles, you will see that there is currently a bullish reversal doji candle. What this usually resembles is a form of reversal and since this is plotted on a 1 week candles, i believe that next week would be potentially a good week for $BTC and the market as a whole (because $BTC takes up around 35%) of the market and usually its a good representative of the market. Hopefully $BTC will hit $13,000 next week. Although i still wonder how the futures expiring on the 26th will affect the market.

#rihaan

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Long term btc is only going up, Same with steem :) hodl

#1 coin for near future is btc but you have cat eye on ripple because it has more potational....
Must think about it dear @rihaan