Hello all,
Yesterday, we were breaking the downtrend line but unfortunately, it was more a Head Fake than a break :
We are now again under the downtrend line and it is really possible that we go now test the previous BOTTOM where I traced you a red line. We should see at that moment if we will try again to break that downtrend line or if we will do a new BOTTOM.
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.
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I do not understand the ups and downs. It is too difficult to invest. I am in dilemma wheather wait for some times or take a risk. If you kindly guide me whether it is the real time of investment or no. Waiting for your reply my friend.
There is no one in the world who can tell you the right thing to do regarding trading markets.
First of all, you should know that anytime, anyhow and anything can happen on the markets. Especially crypto markets.
Second - Know that what you are bidding is either a profit or a loss in the future, thus always diversify your investments.
Third - if you can afford it, just HODL
Thanks @cryptopassion,
for current BTC updates and about the market trend. your guideline is valuable. Thanks for that. don't be worried for down rates, In the second week of fabruary BTC will rise again and hopeful for its stabality.
thank you fro the update! i love your analysis and miss it when you don't publish for a few days.
Thanks for sharing this analysis report, Well written and helpful for me, You are doing great job,
It is about making you think from a different perspective..
It is about writing without any expectations of UPVOTES..
Excellent post good analyses thanks for sharing.
I love this: It's about writing without any expectations of upvotes😏
This is just because the panic sellers atound the world ,who are nothing more than losing their own money .
Yes, I want massive profit. Thanks for your research work.
Perfect time to step away from the exchanges and do some more steeming. Or perhaps look into upcoming ICO's. January has historically been a bad month for BTC and it looks like this year the trend will continue. It can't be a bull market all the time, but still plenty of money to be had out there
Yes as we can see the previous years charts of BTC ,jan is the downtrend of BTC than it will blas t the whole year .
We hope it will be for better
I dont understand all this charts and stuff, you can't show what is happening with the cryptocurrency price because people are the reason of the price, i mean yeah, if you say the price will go down like this it probably happens because people try to sell and buy low, but the price of the currencies depends on the reaction/demand of the user. If there is no chart that it will drop it wont drop and there is no proper reason to drop again, i mean everybody knows about regulations and closing of mining operations and china and so on.
The problem is that everything is paired 100% with bitcoin and it has too much pressure. When FairX comes out and USD can be used to purchase any coin the weight on BTC's shoulders will be lifted. It currently serves no purpose other than being our gateway into altcoins. Jan 25/26th could be our biggest bottom when the next futures expire. After that, hopefully we head back to moon city.
Thanks for sharing this high quality content with us !
Appriciate that
Great analysis work about Cryptocurrency. I love trading.
It will be interesting to see how Bitcoin's current movement will affect us. Watching closely over the next couple of days, and I think we will bounce back quickly.
The people who bought in at 19K must be getting worried right now.
Lol... This cracked me up😃😄.
Thx for good info!
So are you telling to stay away from BTC for a while?
Laporan analisis yg sangat membantu
Iam really excited to see the rise!
Good days will come
@cryptopassion, dont you think that new bottom would me much healthier for future bullrun? I'd rather see 7,5-8k now than in the middle of 2018 ;)
I put a little in my btc wallet from my earnings here on steemit, so I wish BTC will rise again soon...
Ethereum Better than Bitcoin
This market is so volatile
Hopefully we go back to an ATH! the cryptoworld needs it!
Bitcoin will rise again as well as all the altcoins there is always a huge down trend in the beginning of every year and will correct its self in a month or 2 , it should then begin its usual uptrend through out there year (just my opinion)
Ya I hate to say it but I think just with the fact that bitcoin went so high to 20 thousand it just has a lot more room down then up for the short term. Hopefully and event can spark a new rally like new coins being added to coinbase or a new development.
Another head fake! Seems to be s lot of it around. Hopefully the downtrend will reverse soon. I am happy to HODL the majority of holdings but need to cash out some soon!
Another head fake! Seems to be s lot of it around. Hopefully the downtrend will reverse soon. I am happy to HODL the majority of holdings but need to cash out some soon!
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From the long-time perspective, we are walking on the edge of the 2017 uptrend.
Here is what I see when switching to the logarithmic price axis:
Great post!! I just finished writing a post about the Bitcoin bubble, you might enjoy it. Check it out if you get the opportunity.
https://steemit.com/cryptocurrency/@cool-mike/my-analysis-is-there-a-bitcoin-bubble
Nice post :)
i like your post, i am proud of you, keep on getting rich. @cryptopassion
I'm very happy if you give me a little upvote for me:
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