Bitcoin's Bullish Japanese Hammer Update 2/14

in #bitcoin7 years ago

I would like to start by thanking @satoshilite, he and his technologically advanced coin LTC "single handedly" sparked this market. Litepay is a brilliant move and will ultimately prove as a proof of concept for cryptos in the mainstream. Hats off to you sir!

My earlier post regarding Bitcoin's reversal is holding. As I said, BTC needed to ascend to and trade between 9k and 10k as it is doing now to solidify its reversal. Broader view's set the tone for the near term, traders need to always be cognizant of this at all times. Also, TA is king for at the moment decisions but ultimately mainstream news is what drives the crypto market.

Disclaimer
This information is based solely on my personal opinion and should not be considered professional financial investment advice.

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Long ter LTC hodler here. I appreciate the kind word about Charlie he has been catching a lot of grief for selling ATH.