[ Bitcoin ] $10k Bitcoin… $11k next?
Yesterday I blogged on Steemit that we want to break $10k but that there will be a lot of resistance. The good news is that we BROKE $10k, but we broke it 3 times and the went back into consolidation to $9890 currently. So we are seeing a lot of resistance.
The bulls had a good run in the last 2.5 days or so, but it looks like we going to need a strong Bull run to get us to $11k.
All the Bitcoin Youtubers are taking about the $10k bitcoin so it must be a big event and it is if you think we were at $6000 only 2 weeks ago.
Here is Dan from The Chart Guys first with the short-term view:
Here is Tone Vays and Jimmy Song, but watch the video from 25 min to get the Bitcoin chart info. Tone gives a much longer view and also the risks he sees in the chart.
And here is Ivan on Tech with his scoop on $10k bitcoin price:
What do you think of the current bitcoin price breaking $10k? How long before we see $11k?
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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.
I think that we are going toward new highs but not so quickly like before...
Thanks @colinbrazendale for this post. I think Bitcoin will definitely pass the $11K mark by the end of this week because of the latest news coming up and the whole market has turned green due to this. Hoping to see BTC back to $20 very soon in the few upcoming months. I keep following IVAN on tech on @dtube to get the latest views on how the market looks.
With the latest proceedings in the market I think the resistance will break once we will reach $11k mark. After that it is just a matter of time and a few big breaking news related to market cap for the bull run. Let's keep our fingers crossed.
Yes I will @hungryhustle :)
Yeah we will see 30k very soon! Nice comment @hungryhustle, following you!
Thanks a lot buddy! Cheers.
You're welcome!
These really caught my attention!!
(But I read your whole article though)
"PS. Hot tip 1, Remember don't upvote this post if older than 7 days, you are wasting your voting power!
PPS. Hot tip 2, when buying upvotes, do it in the first 3 to 15 min of posting. You get 90% to 100% of curation rewards.
PPPS. Hot Tip 3, upvote your own post in first 3 min. You will get all of it back."
This is why I keep considering as newbie.. tsk.
@smafey
You are doing well @smafey. Lets keep on Steeming! :)
I will! Thanks a lot!!
@smafey
One thing i am worried about crypto is its feriously fast changing.Entire crypto market was going through a bad time but suddenly it changed in a jiffy.Investor in different sectors they have taken this volatile nature of crypto market as a waning.They are saying that investing in crypto market is a risky gambling.Now you have to decide that what we should do now?Its a valid question.What do you think?@upvoted
Yes, we have crazy volatility @rupok. I wonder when it will stop? Even the SBD and Steem is very up and down lately with makes a big difference in earnings in Steemit.
Volatility equals opportunity! Great comment @rupok! You've got a new follower!
Its called volatilty and I love it,,, very common for relative new "investment" vehicles that are slowly or quickly being made aware of. Should it be your goal to make quick profits, this is a good place. If you are consisedering it as a long term hold, then it should not matter to you.
I think we are moving upward in possibly the healhiest way possible. The market is slowly getting more confident and the precious important resistance levels (+- 8.5k and 9.5k) gor dealt with pretty quickly. Now we see some consolidation at the 10k level before testing the real big challenge: a break through the 11.5k resistance/support that failed us last time and caused the big crash. The longer we can hold steady around 10k , the more confident I am we will breach through 11.5k with a lot of power.
That sounds good to me @tuwore
Fantastic article! I've followed and up-voted your post i look forward to your future content!
For info and technical and fundamental analysis of Crypto's, an insight into how the whales manipulate the market and how to get involved in an exciting 12 month millionaire challenge we've recently started, check out @cryptobroye :)
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