[ Bitcoin ] The bounce continues, GREAT!

in #bitcoin6 years ago

Bitcoin had a great run up to $9075 and then pulled back to $8690 in the last 2 hours or so, but the bounce is continuing, and the bulls are still in control.

We are way up from the $7571 and the following support of $7775. We went right through the resistance of $8030 and then had consolidation at $8484, so this must be our new support.

To think we where way down to $6000 earlier this week. Amazing rebound. I trust we will not see that again. 😊

Here is the latest update from Dan at The Chart Guys:

What do you think of the current bitcoin prices? Are we going to see one more wave down?

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Colin Brazendale

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Good info, and nice to meet you @colinbrazendale

i'll follow you from now on, you got promoted here, thats how i found you!

https://steemit.com/redlambo/@redlambo/the-red-lambo-pit-stop-issue-1

Definitely bitcoin will find its way back. As an incurable optimist I was never deterred by the temporary downturn. It's a fact of life that no growth is without its faltering steps and sometimes serious accidents.

Up bitcoin!

Thanks for your incisive analysis.

Agree @sungbojus and up Steem! :)

Whatever it doese, i'm OUT! Just SOLD almost everything and Bought myself a brand new ford Mustang 😍
I vlogged it here: https://d.tube/v/quby/6iceb4f7

8Aprile2017.jpg

P.S.
I hope it goes up again to 19thousend dollars, that was the best time ever for me.

Useful information for me and everyone, thank you for sharing

Hmmm.
May be go down after hitting 9400!
What you say?

down to where? it wont be a straight shot up

We had a bounce off 8572 on Bitstamp. Lets see what happens now @shohagks

We may well see another dip down, and that's surely get rid of the weak hands. But soon enough, we're gonna see a bull run from bitcoin, and we sure will be holding on for dear life :)

Yeh, we cannot go straight up again, this will make the next fall bigger @chunger Zigzag up is fine with me.

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