On Friday I held my breath as Bitcoin dipped to R7656 on Bitstamp and then shoot up to $8888 in 60 minutes. Tone Vays warned that the bottom might not be in yet, unless we break $9200. But the Bulls came out strong and we broke $9200. Nice Bitcoin! 😊
In the last 24 hours we started at $8296 and then went all the way up to R9459. So we broke $9200 and now we are consolidating at $9030. So is the Bulls making ready for the next run? After watching The Chart Guys and Tone Vays latest videos, I think so. The bulls are back.
What is interesting in this video below from The Chart Guys, is that he goes through is thought pattern when doing his analysis. He looks at what has happened to the candle sticks and the volumes and then waits for the next chart move. Here is Dan from the Chart Guys.
Tone says the bottom might be in but he wants Bitcoin to reach $9600 by Sunday night to confirm that the bulls are in control. The next top will probably be about $10200 and then a move down again. Here is the latest video from Tone Vays.
What do you think of the current bitcoin prices? Are the bulls in control?
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Colin Brazendale
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I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.
Ups and downs are part of life keep it up
Exactly, life aint stable
Looks like it @teenovision :)
They sure are.
I am also 100% agreed bitcoin go high again.. so carefull invest in bitcoin..Thanks
Thanks for sharing
I couldn't help laughing at your hot tips though. My upvotes don't count, but I upvoted anyway
Just keep on Steeming on @iamthegray :)
According to bitfinex daily chart there is two supports for bitcoin if it still continue to decrease. one is around 7200 and another one around 5300.
I truly hope we don't go there again @mahdif60
Thanks for your post...The bulls are in control
This post has received a 5.36 % upvote, thanks to: @colinbrazendale.
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As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
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Thank you colinbrazendale for making a transfer to me for an upvote of 7.14% on this post!
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This post has received a 10.40 % upvote from @getboost thanks to: @colinbrazendale.
I participate give Upvote to help you in doing business hopefully rising bitcoin up.
Release the Kraken! You got a 22.23% upvote from @seakraken courtesy of @colinbrazendale!
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I hope the market gets its stability soon... so my sbd will rise back😊
This pattern repeats every year , just HODL guys .
ahan thats a great post
Very soon bitcoin will again rule the whole crypto market and if big companies accept crypto then it will be a new era and great life for all crypto lovers
Well Said, thanks for sharing!
I see you mixed up R and $. You sound like a South African. I'm also from South Africa.
"I am a successful bitcoin cloud miner"
That sounds a bit shady. Care to elaborate on this?