BTC - Support line reached and holding the drop.... till now
Hello all,
Here is the prediction that I provided you some days ago :
Here is the current chart :
We touched the support line in green and used it to do a little bounce. The short term bounce looks already finished and we are going again in direction of that support line.
We could test it again and perhaps finish by breaking it. Let's see what will happen in the coming hours but for sure we need that this support line holds the drop if we don't want see new lows...
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.
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !
With my daily exchanges of cryptos, I can recommend you the platform Binance
My prediction is that bitcoin will drop possibly a lil bit below 8k before it pumps up again :))
I also predict that the price of Bitcoin will drop below the $8000 mark, with all the uncertainty that is currently in the market it isn't going to go up yet...
Once the effect of Mt Gox sale of bitcoin is gone the price will hopefully shoot back up!
Well, that's the great thing about trading, I actually would love if just kept going back down, but, anyways, good luck!
Nice analysis. On a daily chart we are range bound.
We found buyers at $8400, but until we take out 2 stacks of sell orders, in this case at $9350 and $10000, Bitcoin will not go higher.
If price breaks $8400, next buyers are at $7600.
I don't want to see new low again. This down trend has lasted more than expected.
we just finished double tops and it did the small rally, bear market is high chance smh
🤔🙄
Silence before the storm 🤔
The support line will be broken again because of the large liquidity of Bitcoin in the market and the new measures taken by the Japanese government. A bounce will be tough and it'll last
I think bitcoin drops till 5k, then it rise again. At the end of 2018 we will have a btc price over 20k.
Just my opinion!
Thank you for the information and pointers.
Whatever happens, have faith and HODL strong! Thanks for your prediction. I noticed before that you have some great analytic skills!