Crypto Rock Ambiance - Bitcoin will Rock us!
Rock expression and advanced style in Athens downtown, in November 2017. A composition and an atmosphere, and here is a photo dedicated to the crypto uptrend we observe lately. It seems the Bitcoin rocks us, I missed the frenzy of the good old uptrend days, and hopefully, here we are again! Although more mature, the market is still unstable and the green trend is not the one that could establish a solid low at 5500 $USD. It is early for safe conclusions as the research shows clearly that the demand is mostly generated by retailers, big whales are still waiting for the first wave of cash out for intervening. It's more possible to have a Rock n Roll ambiance next two weeks than a well-disciplined tango! Cryptos will Rock for sure but you must be a very good Rocker for real benefit of this good crypto season.
🤖 The STEEM coin will fly soon and the price stabilizing around 0.65 - 0.90 $USD(a new solid low at 0.65) In my opinion this is the average price we'll observe next months. It is possible the real bull run starts at the end of April. For now, it should be better to buy than to sell. Let's don't forget that still, the only coin backed by the work, devotion, and creativity of its community is STEEM. There is a social media revolution in progress and STEEM is the power of the revolted! This particularity makes Steem very hard to die.
😀 Original Content
By @imealien
👉 © 2019-2020 ARR
This photo is included in #thecitytheory collection. Its public code number is: 0-017-NOV. Soon more info about #thecitytheory collectible cards game.
🌷 Thank you for your time spent here and I wish you a wonderful Thursday!
👉 All evaluations and analysis are personal opinions and you are not adviced to take them into consideration. I am not a financial advicer and I don't aspire to become soon... Please make your own research always and never follow blindly what you read and hear! Think about... it's your money after all!
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Hope you are right about late April bull run. Like you, I miss the frenzy of late 2017.
Hello! @clayrawlings I hope too, but I think and feel that it will take some more time (let's say max 60 days) for the crypto market to show the well established lows. There are constant tech changes that eventually define the prices and the volatility's wave length, behind the scenes. Also, the demand is not accorded to some product able to give a real tangible value to any transaction, thus there is no accurate analysis concerning the investing trends. For now, as we observe there is a decline in the demands and a selling wave shows the retailer's first cash out after a good trend upwards. If next hours the BTC goes back to 4900 $USD then we could expect a new jump up to 5200 $USD. I think also that it's up to the few whales to decide, I mean the 900 and something owners of keys that represents the major part of BTC in circulation. If today, for example, somebody decides to dump the market he sells let's say 10k BTC or a bit more and it's enough for creating the panic needed for thousands of inexperienced retailers to sell massively... If some whales decide to pump the market, right now is the best momentum, if some whales buy a big amount of BTC, people who is selling right now will re-enter taking higher positions even if they buy losing... It's human, it's unavoidable...
Thank you for your comments, your upvotes and for following me! Followed back of course. I read your post about mediation and I find it very interesting!
Thanks again, have an excellent Thursday! 🙏😀🍻
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Great analysis. And you called it. We touched $4,800 for a moment before back above $5,000. Thanks for following me as well.
Thanks @clayrawlings it's an expected movement, I think it will continue this way for a while until there is the sudden bull run towards the 6000 $USD. During the weekend it might be some signs of serious uptrend but it's not to trust before a solid position around 5500 $USD. In my opinion there is a stable wave (up/down) that is autoregulated now by the market. It's a wave produced by the fusion of the greed and the fear of retailers and short term traders. The momentum is always under whales' control. Thus, I think prices will stay under 5500 for next 48 hours with lowest price sitting on 4850-4950 $USD.
As about steem, it's very possible it reaches the 52-55 cents but for that being need is the Bitcoin to stabilize first at the psychological 5500 $USD price. Thanks again! Let's see what will happen finally, have a nice Friday!!! 👍🙏🍻
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