[ Bitcoin Price ] Important Weekend for Bitcoin
Bitcoin price is steady at $11270 on Bitstamp as I am writing is. That is a good 8% increase off $10337 in the last 24 hours. The range is still tightning and everyone is waiting for the break out. The Chart Guys predict it to happen this weekend or very very soon.
Will it be UP or Down? Dan from the Chart Guys is not even trading now as he first wants to see evidence of the break and then add his trades. Unfortunately, he can only trade up and not down. So it the break out is down he will wait for the down turn signal.
Here is the latest video up from Dan at The Chart Guys:
The other technical analysts I follow is Tone Vays. It is interesting to see that bitcoin transactions has gone way down. Tone thinks it is the spam that is disappearing. I think people are waiting for direction from Bitcoin. What I have noticed this that the transactions are cheap and fast again. YES!!!
Tone is still warning us of his possible $7500 target. Nobody really knows what the price will be tomorrow, but anything is possible for Bitcoin.
I don't think Bitcoin will give us 1000% return like 2017. This will make more people move to Altcoins this year. We all want 1000% return again. :)
Here is Tone’s latest video update on Bitcoin direction:
Let me know what you think about the current bitcoin price. Are you buy, selling or holding?
Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour soon.
Thank you. :)
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Regards
Colin Brazendale
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I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.
Really nice post thanks for sharing!!👍
Hi Colin, liked the tip part specially, r u sure that if I buy upvote from bot service within 15 minutes I will get 90% upvote?
I am waiting for a up-ward move before buying in. The point that BTC wont give us 1000% returns is so damn true. Many are hunting for low priced new coins and market cap is getting vaguely distributed.
https://d.tube/v/cryptobtcchris/0m9ih5rh
Brief overview of cryptocurrency markets and market cap. Pop star Katy Perry posts her crypto nails on her instagram. Rapper 50 cent just found out he is a crypto millionaire. Stock market app, Robinhood, is going to start selling 2 cryptocurrencies in 5 states with no trading fees. The Square cash app has expanded its beta bitcoin program to new users. Both Robinhood and Square Cash will be competing with Coinbase. There are a few big YouTubers getting sued for their involvement advertising and endorsing Bitconnect. I give my thoughts on buying BitconnectX tokens vs hodling BCC tokens. Twitter is a great source for Verge XVG news.
I am not an fan of Bitcoin, i am more into Steem, BCH and Litecoin, but in my opinion the price of Bitcoin could increase and inturn it can help Altcoins in uptrending. Thanks for sharing.
Have a great day and stay blessed.
thats whats gonna happen
Enjoyed the read, are more ethereum transactions happening if bit coin trans are down? Perhaps some of the hype has worn off, yeah I don’t see any big gains ahead for bitcoin, hold steem, NEO, ethereum, binance coin :)
Good informative post. Nice article written.
thanks for sharing!!👍
https://steemit.com/stocks/@grezsr/the-time-to-invest-is-now-stock-update