BTCUSD has broken out of a Bear Flag formation in early European trade and a substantial move lower is now likely:
Sellers will now try to push pair lower towards the March lows at 8400 and the confirmed bearish continuation pattern suggests further weakness below there. A break below 8400 would likely lead to a decline towards trend support above 6800.
This is really not a great development as major alts failed to gain much ground in the last rally and are now tracking BTC lower again. Hard to paint a pretty picture atm.
I think there's some slim hope of it holding just below 8.7k, otherwise it looks likely to slump down to around 7k.
Coinbase 4hr.
Currently feels like alts go down when BTC heads down, and they go down if BTC spikes too hard.
Cool post man, but you really have to think about cryptocurrencies perhaps a little more long term. Yes you can make some money on the short term market vulnerability but its never wise to put all your eggs in one basket.
Have a look at this post if you really wanna make it big. This post would give you a better idea of the future, and a variety of ways to invest all the way from low risk to high risk, short term and long term. https://steemit.com/life/@callitoriginal/changing-your-life-with-crypto-gaining-financial-freedom-and-eventually-quitting-your-job
Bitcoin semakin menurun.
If it goes as low as that, then I can buy more steem and steempower. It's ok for now haha
Sorry for your post I have reblog. Happy working.
Ouch, will this winter ever end!
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Hello, you have a VERY COOL blog and this post is extremely useful. I will follow you and I will encourage you to do so too.
me on my blog PUBLISHES super modeling sessions and DAILY adds new ones :)
it's such a TIME FOR OPENING on STEEMIT :) best regards Gordon :)
Come to me for a break :)
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BTC/USD 8 639,90
technical analystic
day: very sell
week: very sell
mounth: buy
next time(mounth) propaby is good but this only technical analyst
investing.com :)