Good Buying Opportunity / Bitcoin & Steem

in steemit •  7 years ago  (edited)

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Bitcoin price declined strongly to 3033.00 as expected..
Steem's price is down as a huge Bitcoin sell off is going on right now..

For Bitcoin 3033.00 represents 61.8% Fibonacci correction..
Note, breaking 3033.00 will push the price to reach 2573.00..

I said in my Last Report:
"A buying opportunity between 3000.00 - 3200.00 will be good for us because the selling pressure is not fundamentals."

The reason why I bought Bitcoin today..

My point of view bitcoin found the bottom here around $3000.00..
If my point of view is correct, Steem also already found his support here around $0.90..

This also a good steem buying opportunity for who want to buy more steem power..

Wish all of you a great weekend..


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7 years ago by

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      ·  7 years ago 

    Thanks for that analysis

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    1 vote
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      ·  7 years ago 

    Yah! this is the time to buy bitcoin and steem :)

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      1 vote
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        ·  7 years ago 

      Bitcoin seems to be going up in large increments and the correcting and then stablising until the next cycle , regardless of the fib reytacement bitcoin will continue to rise to 10000 around 2019.

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          ·  7 years ago 

        This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

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            ·  7 years ago 

          This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

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            [-]
              ·  7 years ago 

            The brave will buy.. the weak will sell :)

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              [-]
                ·  7 years ago 

              very good post and i confirm it. it is the right time now

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                [-]
                  ·  7 years ago 

                thanks for sharing my best friend and i'm a little dizzy when hearing about bitcoin and steem .... it's messed up

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                  [-]
                    ·  7 years ago 

                  Likewise mate, just made a buy at 3k too, sweet!

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                    [-]
                      ·  7 years ago 

                    @lordoftruth Yes really good post.

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                      [-]
                        ·  7 years ago 

                      Thanks for sharing, the coffee was very delicious.

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                        [-]
                          ·  7 years ago 

                        This post has received a 3.22 % upvote from @booster thanks to: @lordoftruth.

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                          [-]
                            ·  7 years ago 

                          Mh... If you look whats currently happening you see that cryptos are very volatile. Compared to silver/gold there's not a stable value behind it. I think that currently lots of people suffering from this dip. Invested high and now loosing their money.
                          Its difficult to see where this is going in near future. For long term is up. Just my opinion.
                          J

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                            [-]
                              ·  7 years ago (edited)

                            Nice work, I caught some in the $3,200 range yesterday, then woke up this morning and was worried I caught a falling knife yesterday when I saw $3,000 a couple hours ago; then looked just now and back to $3,600 range. Glad I made one good trade for once! (BTW I buy little fractions of BTC over time, nowhere near a significant amount yet).

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                              [-]
                                ·  7 years ago 

                              you always made pretty cool predictions with great analysis

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                                [-]
                                  ·  7 years ago 

                                @lordoftruth,
                                "A buying opportunity between 3000.00 - 3200.00 will be good for us"
                                Again you are absolutely correct! Now it's back to $3450! Great analysis my dear friend! Absolutely brilliant work!

                                Cheers~

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                                    ·  7 years ago 

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                                    [-]
                                      ·  7 years ago 

                                    Can't really predict but depends on how well we believe on BTC and Steem. Apparently, Steem is more relevant here :)

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                                      [-]
                                        ·  7 years ago 

                                      This was an awesome opportunity. Too bad it was 4:30 AM for me when the market hit the bottom and I missed it! That bounce is ridiculous.

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                                        [-]
                                          ·  7 years ago 

                                        Hahaha upped!!! I agree..I wrote about it too ..good time

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