[ Bitcoin ] Bitcoin Dump! Another dump on it's way?

Yesterday was not a good day for the bulls and the bears where all over the place. It was UGLY!

We had a daily high of $7952 on bitstamp yesterday, but the in the afternoon we saw a quick dump to $7450. I did not expect it as many commentators where taking about 7600 lows and we went right through it.

We are seeing a recovery now to $7689, but now Dan from The Chart Guys a warning us of a possible 2nd dump. The reason is that we are in an area of no support. The next support is at 6900.

Look at the Bitcoin chart at about 8 April. We had a huge bull run. We never established a support level during this bull run and now it has come back to haunt us.

I am thinking of selling some of my Trading Bot holding manually just in case Dan is correct. So far the commentators on Tradingview and YT has been spot on.

Here is Dan from The Chart Guys:

Here is Botje11 on Tradingview. He gives regular updates during the day:

https://www.tradingview.com/chart/BTCUSD/AdefimUC-Bitcoin-d%C3%A9j%C3%A0-vu-anyone-Market-turned-to-real-crap-again/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_follower_idea_update

Are you selling of holding on to your positions?

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Thank you for your support.

Regards

Colin Brazendale

Email: [email protected]
Facebook: https://www.facebook.com/colinbrazendalesinternet/
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Website: http://www.successwithcolin.com

More information about me:

I love Steemit and I have been blogging here since June 2017. I am always looking for ways to increase my Steem and SDB holding. Lately I have started trading bitcoin and altcoin using an auto trading robot. So far it is going well, and I am in profit. 😊

Most of my time is spend on internet marketing for my clients on Google Adwords, but I also love network marketing on the internet.

I have been cloud mining for the last 2 years, but stopped promoting it due to the low returns from Jan 2018.

Why I joined Zukul Trade:

How to get started with Zukul Trade:

Proof of earnings 18 May 2018. The auto trading bot made $170.88 in the last month in down market.

Contact me via email [email protected] for more info on the auto trading bot.