Bitcoin bid to buy Steem Numbers are back BELOW resistance at the 259 area

in #steemit7 years ago

🐒 The amount of Bitcoin bid to buy Steem at Bittrex and Poloniex this morning when I took this reading at 7:00 AM EST and the combined figure was 200 Bitcoins and the Steem Price $5.84. The highest combined figure before was 932 Bitcoins bid to buy Steem and Steem Price $2.60

🐒 It appears that Bitcoin Bid to buy Steem is back BELOW the resistance area at 259 I feel that the Bitcoin bid to buy Steem needs to stay above this resistance in order to extend this Steem Price rally .

Below chart since December 6 , 2016

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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

🐒 SUMMARY

I feel that the BTC bid to buy Steem increasing shows an interest in pushing the Steem price higher

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Please voice your opinions in the comments below.

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Today the number of Bitcoin bid to buy steem is 200

It sure will push the price of steem higher as the big lingers. But what am asking is that bitcoin should really forget about the bid because if its too clear steem out of the crypticurrencies market, it wont be favourable because we all know how steemit has really been from the fact on how we build up our steam. Streemian has shutdown now bitcoin going for a bid on steem? I feel it's both two great crypto currencies with reputable Market value just that we all know the crypto market is facing a landslide so i suggest bitcoin stays off steem even if i am an investor of both crypto currencies..thanks for your info and letting me share mine

Hoping this is true! I just powered up again yesterday!

hey guys am new on steemit and i dont understand some of these things yet but i believe with your help and these wordeful posts i will get their

Yep! You’ll get there! Write things down if that’s what you like to do. Try to make everything organized but stay in your comfort levels

It had better stay. We need steem to keep the market competitive. Thanks for this update

If this means that the Steem will go up then it is great news.

This is a great prospect for steem. The right time to invest.... Awesome analysis @me-Tarzan

If this post is true then I will agree with you because that means the price of Steem will increase and that I will say is incredible. I hope things work out well. Thanks for sharing this post. I love to here Goodnews like this

Now i see why steem tends to drop in price whenever bitcoin drops. I really need to price of steem to soar. Thanks for sharing this information.

It sure will push the price of steem higher as the big lingers. But what am asking is that bitcoin should really forget about the bid because if its too clear steem out of the crypticurrencies market, it wont be favourable because we all know how steemit has really been from the fact on how we build up our steam. Streemian has shutdown now bitcoin going for a bid on steem? I feel it's both two great crypto currencies with reputable Market value just that we all know the crypto market is facing a landslide so i suggest bitcoin stays off steem even if i am an investor of both crypto currencies..thanks for your info and letting me share mine

🐒 SUMMARY
I feel that the BTC bid to buy Steem increasing shows an interest in pushing the Steem price higher.

🐒 Hold LONG POSITION using this system

The Bitcoin price is from the Coinbase trading platform GDAX .

DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
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