These lines that I've drawn are very important. Bitcoin is on the verge of breaking out. And I strongly believe it's going to break out to the upside because that's how descending triangles most often work. This Bitcoin breakout will boost all cryptocurrencies including $HIVE!
If however we break to the downside, I will be watching the support at $40,000! If that support doesn't hold, Bitcoin will be in trouble. I highly doubt that such a scnario would unfold given the current climate in politics and economics with the US about to print another $1.9T out of thin air!
Follow me if you don't already as I plan to share more of my thoughts on potential breakouts of different assets, esp. cryptocurrencies!
Follow me on Twitter.
Congratulations @leveragetrading! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Congratulations @leveragetrading! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Congratulations @leveragetrading! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Congratulations @leveragetrading! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Congratulations @leveragetrading! You received a personal badge!
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Congratulations @leveragetrading!
You raised your level and are now a Dolphin!
Check out the last post from @hivebuzz:
Looks like a giant bear flag to me. I think BTC is headed to another lower low. It should break down out of that triangle. Not enough volume up here!
Not sure what you're talking about.
Ever since my post #Bitcoin broke to the upside and went up to $52,500.
It's now back to $50,000 ish. But still $5000 ish higher than when I posted this.
I was just making fun of the chart, I thought it looked bearish at that time probably because Bitcoin goes up and down. I was most likely joking, i.e. trolling you. Haha! Sell me "your bitcoin!" lol u know!! U know what, maybe btc is going down tonight this time instead. My Bitcoin is going down big time right now, I dunno about yours! lol haha!
I think we can definitely go down to $40K - $44 again and then go up again. We'll see ;)