Bitcoin Trend / Weekend Update
- On 06-11-2017, I posted: A Picture is Better Than One Thousand Words
A Picture is Better Than One Thousand Words
- On 10-11-2017, I posted: Breaking 6915.00
Breaking 6915.00 and hold below it will push the price for bearish correction again towards 6500.00 level before any new attempt to rise, as Bitcoin price has formed a classic reversal pattern on its 4-hour time frame as bearish pressure could kick back in, but bitcoin price has to break 6915.00 to confirm the drop.
- On 10-11-2017 Midday Update, I posted: Dip is expected
Dip around 5825.00 - 6500.00 level is expected then probably will move up to the next bigger resistance levels.
And as expected the 6400.00 level was tested
New Update will come up by Monday
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Thank you @lordoftruth. I shall wait for new price update.
I guess we already saw the dip. I made a bet with @twinner that we see next 10000, not 5000. So I proofed my bullish attitude.
A price target of $10,000 the next 6 months is a possibility that cannot be ruled out..
Japan will push it up..
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Great analysis Bitcoin trend.
Bitcoin price has drop down within this period. It seems your technical chart.
Resteemed.
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@businessway
it will be interesting, how much correction is expected by the way
thanks for telling us the crucial support levels of bitcoin, it's so helpful.
Excellent post thanks for sharing