[ Bitcoin ] Have you given up on Bitcoin, yet?

in #bitcoin7 years ago

This has been a bad week for Bitcoin and I see people losing interest in Bitcoin. We have been falling back for more than 4 days this week and moving sideways in the last 24 hours.

We are still in bear trend until we break $9890 according to Dan from the Chart Guys. We are currently at $8100, so that is more than $1700 we need to go up!

For this trend to reverse we need to see higher lows and higher highs. In the last 24 hours we have been in a range between $7945 and $8400. I got a feeling we are going to see a breakout soon. Up or Down?

Here is Dan from The Chart Guys with the short term view:

Here is Tone Vays with his longer term view on Bitcoin:

Have you given up on Bitcoin yet?

Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour soon.

Thank you. :)

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.
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Thank you for your support.

Regards

Colin Brazendale

Email: [email protected]
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/
Website: http://www.successwithcolin.com

More information about me:

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.

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Release the Kraken! You got a 12.50% upvote from @seakraken courtesy of @colinbrazendale!

Price is basing, which is a indication that the momentum has subsided. Price is also sitting in daily demand, which indicates buyers. Price needs to absorb the sell orders at $8700, then $9200 to create a new uptrend on the 4 hr chart.

You got a 3.41% upvote from @postpromoter courtesy of @colinbrazendale!

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Great post my friend I'm holding my bitcoin I know it will rise again bigger and better than ever before I just upvoted and followed you 👍 have a great day

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