Bitcoin Support . $5550 . HODL ON

in #bitcoin7 years ago (edited)

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Bitcoin broke support around $8000.
Not only that, but it defied the 200 Moving Average on the Dailies.

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November 11 2017 was the last of a dozen days in the $5500 zone. The day saw significant Volume.

Sunday is the SuperBowl. There is a rumored Bitcoin related commercial. I've heard it could be a Coinbase commercial. Either way, Bitcoin has gone mainstream. We're playing with big boy price savvy Wall St hands now. Think Braun Strowman at the table. He's got his hands on Bitcoin and is tossing it around the ring at will. Bitcoin is selling the color.

Wall Street, and by Wall Street I mean Chicago, is just shorting for cheap corn. Proof of Steak knows better than to chase price but to call price to it's table side. Super Bowl will begin the new Bull Run. The Summer of Alts is over. ICO's are on the run. EOS's debut is still months away. Robinhood is in the woods now with the Bears. Bitcoin has been here before, time marches on, and $5500 is just around the bend.

Stay Strong, HODL on, or reentry is at $5550.


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I will vote 66% on this Article after 60 minutes from Posting.
*ask about my steemgig for coaching improv & steem


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Acorns | Coinbase | Binance | jacobts2
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I hope all the bad news is over.
Let's fly to the moon again.

I am agree with you

Thank you, my friend.

This is such a great buying opportunity, I am sad I don't have more money to buy!!!
Hodl !!!
cheers @jacobts

Cheers Alexandra! Enjoyed your last post about Stockholm. Another round of beautiful photos from a charming foreign place.

Thank you so much @jacobts! enjoy your weekend!

Opportunities and risks exist together.

hi jacbot, thanks for the encouragement, indeed we should all hodl

Judging from the bounce back that happened between 7400 ~ 7700 range it's hard to see it drop back to 5K area but everything is possible!

perfect time for buy crypto