Expected trading for today is between 9300.00 support
and 10700.00 resistance
It took years for bitcoin price to reach an amazing price, but few words and actions by the right people to smash it down. It's a battle of pro-bitcoin pumping vs anti-bitcoin dumping. Eventually one side will run out of money and the other will be victorious.
Having traded in the range of 9300.00 ( the low of the year ) to 13000.00 from 17th Jan, it has been sideway for 2 weeks now. Wedge Is Getting Narrower, Won't Last Long.
I think, bitcoin price wouldn't break above towards higher prices until the middle of February 2018, because experts are pointing to the Chinese New Year, which takes place on February 16, as one of the reasons behind the current correction being seen in the cryptocurrency market.
Bitcoin price now is around 10000.00 / the crash zone/.
Technical indicators are giving mixed signals, so it’s tough to tell what’s next for bitcoin price from here.
Volume is low as traders remain cautious, but I still suggest the bullish unless breaking 9300.00 / the low of the year.
Breaching 10700.00 level and hold above it, will push the price towards 11600.00 level.
Breaking 9300.00 level and hold below it, will push the price deeply in the crash zone towards 6000.00 level.
My point of view, bitcoin price might turn higher from here, as stochastic is already reflecting oversold conditions and looks ready to bring the buyers back.
Expected trading for today:
is between 9300.00 support and 10700.00 resistance.
Expected trend for today : Neutral.
Depends on;
- Breaching 10700.00 / Bullish.
- Breaking 9300.00 / Bearish.
Yep yep.... I'm remaining super cautious ever since we broke the 10k barrier.
For my perspective the downs and ups are normal. The popularity of and the trust in Bitcoin is a remarkable pro.
In the future till end of 2018 we‘ll see new highs!
May be today there are some disadvantages using Bitcoin, but I‘m convinced the community will solve this.
The spirit using virtual coins being independent from the traditional banking system will go on. 😎
Thank you for your posts!
I agree fully with you regarding the new high
My point of view will be around $30.000
XD
currently trading at $10300 and seem like it might drop even further, the entire coin market is in the red and the tether USD report that came out is not good for the market, hope it doesnt go the bitconnect way
yeah everyday bitcoin is ups and down
The post that you posted about Bitcoin contains many important information about this, which is very helpful for me. Through this post I learned something new. Thank you so much for sharing this great news about Bitcoin with us.
I am getting an idea about the market thanks to this post.Thank you
-cheers-
Bitcoin is sitting at $10,000 as I type this, and if I had any disposable cash on hand, I'd be buying more!!
Thanks for your post.
Thank you for the daily update. It seems that bitcoin is losing day after day. Do you think that it regains again?
great post, thanks for sharing
now the price of SBD is always down
well, it is expected as cryptocurrencies commonly follow the trend of bitcoin.
ya ya
thanks informasi
it better just keep sbd for know into our wallet so we can avail times come bitcoin prized get higher...
I just start steemit and I found that the price of SBD is always goes down day after day...is that really normal?...or cryptocurrency steem etc really having crisis now?
I think to begin with SBD was already very overinflated. It's nice as a commenter and poster to have high SBD, but it really isn't sustainable.
It just doing a correction after the previous rise. It is expected for it to dip especially that the whole market is down.
Thanks for the post @lordoftruth !Let's not be sad, everyone predicts bitcoin growth next month!Let's hope for it!And then back to the moon!;)
good post, I like your post ..
if you like my post please give upvote, resteem &follow me.
thank you, keep on steemit.I need your support please visit my blog https://steemit.com/@muliadi
Bitcoin voltage shoking me..... grow up dear bitcoin
Oh nooo....
so helpful post for us.
thanks @lordoftruth:-) for your sharing with us
It took weeks for the crypto market to erase what took me years to save in the real world. Crypto givith and crypto takith. Sadly its taken all that I have.
greetings, your analysis is very good, you also have to see how users and news influence
bitcoin is interesting to talk about. hopefully the price does not change anymore.
when everyone is talking about it, it's probably too late to take up the opportunity. I'd be more interested in other cryptos say ripple for example.
Thanks for the update!
This post has received a 4.41 % upvote from @booster thanks to: @lordoftruth.
Thank you lordoftruth for making a transfer to me for an upvote of 6.99% on this post!
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in the bearish zone the fear zone of FUD
Thanks for this update. Do you have a view on the APPICS ICO ? It will be the first SMT on Steem platform. I am a photographer so I am watching with interest but wondering if they have the team to develop the app properly?
@lordoftruth This post is very knoledge ful an thanx for share the post##Upvote/Resteem###