Hello all,
Here is the chart that I was showing you yesterday :
Here is the current chart :
As you can see, we tested a second time the support line in green but we failed to break it. That faillure created an immediate bounce which is still in progress now.
I will consider that bounce as valid as soon as we will break the MMA50 in violet. The break of that line will show that the short term trend (short) is finished and that we want start a new trend bullish.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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Well on our way but still some distance to go to breach the line. Fingers crossed for the rest of the day.
The bears were piling in after the 38% retracement hit resistance.
We could be testing mid $6K again.
This is a forward looking week for Bitcoin. The support will be broken eventually and we shall see beyond the 10k & possibly 11ks.
Thanks to @cryptopassion as always for sharing.
If anyone buys this argument for purchasing Bitcoin, then the world really has become hopelessly stupid.
Just HODL guys. Don't let the fools scare you. Big boom is coming soon.
If I buy Bitcoin will I be miserable or will others be miserable?
hearing this since months, what are your argumments?
and down we go again...
Really excellent post i like this post thanks for the important post for all steemit user i am following all post thanks for sharinh
Let see how long this bounce will last...
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It's beneficial post...thanks for sharing...carry on...
Added to my follow list. Keep up the good work and what do you think of the current market?
It was forth and forth for Bitcoin, now the music has changed, the dance steps too must change. One thing is Lear though, bitcoin will never go back to 1000 dollars.
That’s a great analysis and the more wider picture is that it went from $1000 to $10,000 in 2017.
Yes it jumped to $20,000 and regressed back but even counting the regression, we still see a 10 x jump in value.
2018 $10,000 to ........
$50,000 maybe???
so what do you mean, sit and wait for big boom? ;-)
Interesting one. Thanks so much.
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