Hello all,
Yesterday, we were trying to break the resistance line of the trading range canal to make a UP Break Out. It failed and we finally did a DOWN Break Out :
We are now back to a bearish trend which could send us test the previous low around 10900$.
Try to have nice celebration, even with this drop of the BTC and other altcoins.
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.
Version française ici : [FR] BTC - Nous avons cassé le canal de trading
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Maybe we shall be able to be bullish again with the start of new year.
Wish you Good luck for you and crypto traders
Nice explanation and good analysis and information provided. While sometimes all goes as we anticipate, other times it doesn't but having some patience will get you in the same place you expected in the first time. Nevertheless, we should all have in mind that we should invest what we can and not throw out our jobs thinking that we have found the golden nugget in the cryptocurrencies market. For sure there will be ups and downs...as we are currently facing...
Thanks for sharing the quote, it is pretty inspiring
Glad I shared it with you all, some things are beyond true and we cannot alter them in any way. Others we can or at least, if we lose some, we still have the change to earn it back.
So true! There is just not enough time to do everything one want to do - every day.
Note to vblogers: I can read fast over written article and get the jist of it, get the info or even decide to spend more time on it if it is worth the time. Video posts - I just don't have time for most of them. I could check out 50-100 articles in a time I need to watch 3-4 video blogs. I may "steal" above picture and post about this ;-)
Yes, absolutely... difficult scenario. I am holding the BTC I bought at 12500, keeping the rest in fiat waiting for the dip to become more worthwhile... I measured the entire development from the September low and got this - so we can add it to all the prophecies floating around the web these days... Merry Christmas, and in doubt hodle through ;)
3 upvotes - 100$... I envy you! I hope one day I will have that much Steem Power too :)
I wish you massive profits too
Today, we might witness a huge crypto-shopping frenzy:
https://steemit.com/bitcoin/@xsid/shopping-frenzy-prepare-for-a-crazy-day
Good explanation
may be i reasteam youu post
Bitcoin is Unstopable ,Bitcoin is New Diamond ,Merry Christmas all the best wishes to you @cryptopassion
nice
That's what I think too :))
not nice when btc is down
It may be nice for people who want to buy Bitcoin :)
Nice post keep posting
Merry christmas
Genious, anyways, downhills are meant to do more money, haha. 10k this year is a massive growth for this year, i hope Steem also goes down to buy a little :P
Cheers!
Bitcoin it's rape of brain. Imho
Thank you for your work, dear friend! Your posts always help me a lot in learning the trade. Merry Christmas.
may we become rich one day
i was thinking about investing in bitcoin,..... since ive been hearing alot in the news thank you this post was really helpful , looking forward to your content.
Any thoughts on where the price should go after Christmas?
Hope buy before this dip is over! Merry Christmas all!
Thank you again for the daily and regular updates . Wish a Merry Christmas
However, the disclaim may cause us to either doubt on your posts or may be to ignore but I choose to always do more research before investing as noticed.
Wish you well in your activities
What a great post, thank you so much for sharing. Here is a post i wrote about the future of virtual reality technology and how it can serve us as a community :)
https://steemit.com/spectivvr/@assaf.shiller/spectiv-vr-creating-a-beautiful-virtual-reallty
I hope it goes lower, so this is good news... Gives more people the chance to buy at lower prices and get more of it.
twas the night before Christmas... only a NEM is stirring.
@cryptopassion i am affraid if it would come down again towards 10900 then it would not just stay there because then it would start expansion of last correction which was completed at 14949 and that expansion would be completed around 8414. Last hope for bulls is 10900 as u said where its being supported by rising trend line along with a horizontal support. But ultimate support for this bearish trend are 9880 and 8414. Waiting for your valuebale comment.
For charting reference pls have a look on this article https://steemit.com/bitcoin/@noormaier/bitcoin-will-need-some-fresh-blood-to-close-above-15100-region
Thanks for sharing your expert advice! I thing every right thinking investors should endeavour to hide to your advice to invest only funds they can afford to loose. Nice post. My upvote.
this is just the correction that happen every end o year , great post keep the good work
Great jobs..i like it.