Bitcoin is trading at $3570 with 24 hour volume leveling just shy of 5.0 billion USD.
After the upward breakout on Saturday, $BTC climbed to hit a peak of $3784.5. However ,Sunday morning started a bit bloody with a drop extending 6.5 percent, taking $BTC to a low of $3450.
Bitcoin has hit both levels ,outlined in our previous update, only to remain indecisive and chopping up market participants. It has formed a broadening (bottom) formation.
Major support below is at $3380-3450; major resistance is above at $3960-4040.
A leveraged long on Bitcoin, as a swing trade, makes sense, targeting $3700 and potentially reaching the $4000 area.
If this post is older than 7 days, please support by upvoting my latest post 
latest post 
latest post
BTC's price is currently in a consolidation mode and unless the institutional monies begin to enter the crypto market, this sideway behavior shall persist.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes. I dont expect that to happen anytime soon
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by supsnehal from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
img credz: pixabay.com
Nice, you got an awesome upgoat, thanks to @supsnehal
BuildTeam wishes everyone a bullish new Year!
Want a boost? Minnowbooster's got your back!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit