Yesterday the crypto market watched Bitcoin hit around $6,050 per coin as a low. Following some positive news out of Washington DC and the SEC about the future of Cryptocurrency the market has modestly rebounded. Just remember this is a short spurt and lets tread lightly before calling it a rebound. We will need about 7 to 10 days of steady upward sideways movement in Bitcoin and other altcoins to suggest that we may be out of the woods. Shout out to everyone who has stayed focus and strong throughout all this.
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6000$ BTC low isn't a random number : it's actually its 200 day moving average.
thats right!
Love your content Altcoin Buzz! Ya I was happy with the move upward after the sec meeting today, but hope it continues on the uptrend!
I to hope that it continues to go up.👍👏😁 great information.
Thanks for keeping it real Jeff. You consistently deliver a balanced perspective, and you're building and awesome community here. #AltcoinArmy
Your game is strong, but certainly NOT natural!
Hey Jeff, you gotta love green….let’s hope that it was the bottom, but I guess only time will tell. I agree that we would be wise to wait before we get out the party streamers. I am going to cautiously ease my way back in and keep my fingers crossed, while at the same time getting as much fiat as I can together that I can spare just in case it does drop further. As for the US regulation meeting it seemed to suggest to me that it does not want to stifle the possible positive aspects of blockchain but that they are going to, at some time in the future, come down heavily on dodgy ICO (which in my opinion can only be a good thing in the long run). I will pop over for the Milton Feeman vid, that’s for digging it out. Elon Rocks!!! …..and so do you. Thanks for all of the great stuff that you are producing, its great having you here on Steemit. Cheers J