crypto update.

in #bitcoin8 years ago

Ripple ,Ethereum, Litecoin and Steem are below that lowest close I spoke of.
Bitcoin still remains above. The circled green ones for the week close are important. Bitcoin has a red line circled too. A day close below 6,812 will probably not be the bottom. To me its a breakout indicator, along with the week closing below 7,787. I personally other than these acting as support, see nothing bullish with the closes. Of course things can change.

Some may view this as gloom and doom, and have the natural pissed off reaction. Especially owning one of these. I try to report the closes as true unbiased fact. It may not always be what we want to see. Generally if the closes are getting lower on a chart, and the right side is lower than the left. You don't need anyone to tell you the direction likely to happen. Some support is what bulls need. These have moved up so fast. They never made many stops to develop a classic supports. That's just the facts. Now that bitcoin can be shorted. Its not a unbridled climb. I plan on buying cheaper.

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My ETH pending at 32ish, remember?
Would love to see it reach there. I will get f ready next week...lol
Ripple is the lowest one and next is ETH, LTC and BTC hold very good there!

we will see,,

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