Bitcoin bid to buy Steem Numbers have hit resistance at the 259 area

in steemit β€’Β  7 years agoΒ 

πŸ’ The amount of Bitcoin bid to buy Steem at Bittrex and Poloniex this morning when I took this reading at 7:00 AM EST and the combined figure was 256 Bitcoins and the Steem Price $7.17. The highest combined figure before was 932 Bitcoins bid to buy Steem and Steem Price $2.60

πŸ’ It appears that Bitcoin Bid to buy Steem has hit a resistance area at 259 I feel that the Bitcoin bid to buy Steem needs to break above this resistance in order to extend this Steem Price rally .

Below chart since December 6 , 2016

πŸ’

DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

πŸ’ SUMMARY

I feel that the BTC bid to buy Steem increasing shows an interest in pushing the Steem price higher

πŸ’
Please voice your opinions in the comments below.

πŸ’

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order: Β 

Today the number of Bitcoin bid to buy steem is 256

Β  Β· Β 7 years agoΒ 

More and more people are finding out about Steem and how awesome it is . It's only gonna raise as the Steem community grows . I just found out about Steem and have been recruiting people trying to get them on this platform, Steem has so much potential, it's going be fun to be apart of this and watch it grow.

Today the number of Bitcoin bid to buy steem is 256

This could easily be well predicted.
Steem is now the new discovered gold. Amazing records set to be established on the Steem blockchain

Β  Β· Β 7 years agoΒ 

Informative....Thanks for the information and helpful .
Thank's for sharing sir.

Starting to go back down a bit and correct seems like money is flowing into ETH and Bitcoin again

I am impressed with this result:

Rewards Curation Author Sum STEEM (~) USD
All Time 1,030.30 SP 29,116.59 SP 39,341.60
Last 30 Days 61.28 SP 2,412.87 SP 4,851.63 SBD 3,210.92 37,256.19
Last 7 Days 13.11 SP 472.37 SP 2,084.40 SBD 802.02 12,372.85

πŸ’ No Trade Today Stay In Cash using this system
The Bitcoin price is from the Coinbase trading platform GDAX .

DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consul

I think that steem would likely retain its value at $6-$7 for a while. Even if there are number of Bitcoin bid to buy steem doesn't exceed say 350, the influx of new members that is much anticipated this year could help increase trading activities and maintain the value of steem.

great post i like it

Muy buen post:
Bit Coins

Β  Β· Β 7 years agoΒ 

thanks for the important info..

@Resteem

Β  Β· Β 7 years agoΒ 

DQmQsWrZujgMaDeKHw1XY4wVZkKbrKpJyYiB94SwAEvQSEJ.jpg

πŸ’ No Trade Today Stay In Cash using this system
The Bitcoin price is from the Coinbase trading platform GDAX .

DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
πŸ’

Β  Β· Β 7 years agoΒ 

Bitconnect was and is a scam. Most people knew that and yet, people with low morals keep sending those lambs to the slaughterhouse .... Invest what you are prepared to loose they said ... Lets hope it ends quickly.