Bitcoin to new record highs above 4700
Hey folks, it's the gift that just keeps on giving - BTCUSD just set a new new record high at 4727 and the fun's not over yet. Not quite 5K yet, but nearly there. I was already long, but this was a text-book breakout trade:
Note pair put in a solid close above 4500, took a breather, then came down and retested the level before continuing higher. I really should have added at this point, but was already over leveraged and didn't have the balls. Oh well, can't complain XD
We have clear support at 4500 now and short term remains bullish above there. No significant resistance until 4900 and looks like today's rally still has a bit more in it. If current trajectory holds, we're looking at 5000 on or before September 5 (red circle).
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To the moon baby! I want your opinion, strictly for shits and giggles, what is one coin right now that is worth pennies that will be a giant in 1-2 years
I'm really not an alt-coin guy, best I can do is EOS - that is way too cheap right now!
Agreed
While I agree, it seems almost toooo perfect.
If dan just wanted to make money he could just log into Steemit and post 10 memes a day and pull in 35K a week ;)
Haha, for sure. I'm not questioning his motives or ability. I absolutely love the idea and can't wait to start using it. Just pointing out that it's being touted as a "sure thing ethereum killer" and with nothing concrete yet, I wouldn't be surprised if things change or some other major upset innovation comes out of the woodwork in the interim.
Did you see the latest announce yesterday? They are ahead of schedule and already have a MVP capable of 10 mil txps plus EOS holders will get free cloud storage without using tokens!
Oh wow. Just saw it. That's great!
Just waiting for it to hit $5000 before I sell, hope that happens soon, thanks for sharing this!
A lot of folks seem to have that idea, I hope they aren't all too aggressive on the front running or could get violent
Haha, everyone had the same idea. $5000 is going to be an interesting psychological level to break through. Let the wave count be your guide.
Do you think the $5,000 mark will result in a bear market? Might be the perfect time to invest in EOS, ETH and LTC
I highly doubt it, though I think a correction is likely. I haven't looked into LTC at all, but ETH has been so weak in BTC terms, doing alright in USD. EOS my pick of the bunch by far, so undervalued it's not funny. I like a long EOSETH play.
That's good news for bitcoin holder
Hobo jones!
This is so exciting,i also predict 5k by first week of September.
I remember in mid July it was at 2700!
Goldman Sachs analyst Sheba Jafari made some predictions around July that some people did not believe.
All things are now falling in order.
Hahaha I have a post somewhere with a screen shot of the top Bitcoin stories of the day, it was that call from GS, another decent-big call, plus a crazy one for > 100K ... lined up perfectly with the top :)
I woke up to a sea of green on coinmarket cap this morning. It was nice.
Hellz yeah!
It really is the gift that keeps giving. I've been BTD- ing thanks to the great suggestions from this community; including yourself @bulleth.
Great post again mate.
Good to hear and thanks for your continued support mate, glad I've helped you make some cash! Then again, see how I do in the next bear market - that's the stuff that sorts the men from the boys!
Indeed mate! I think one needs to have cut ones teeth on a few bears to get to control the emotion.
it's so strange that's why get so many upvote, I wish we could give a upvote.
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