[ Bitcoin ] Looks like the Bulls are in control again, Yes!

On Friday I held my breath as Bitcoin dipped to R7656 on Bitstamp and then shoot up to $8888 in 60 minutes. Tone Vays warned that the bottom might not be in yet, unless we break $9200. But the Bulls came out strong and we broke $9200. Nice Bitcoin! 😊

In the last 24 hours we started at $8296 and then went all the way up to R9459. So we broke $9200 and now we are consolidating at $9030. So is the Bulls making ready for the next run? After watching The Chart Guys and Tone Vays latest videos, I think so. The bulls are back.

What is interesting in this video below from The Chart Guys, is that he goes through is thought pattern when doing his analysis. He looks at what has happened to the candle sticks and the volumes and then waits for the next chart move. Here is Dan from the Chart Guys.

Tone says the bottom might be in but he wants Bitcoin to reach $9600 by Sunday night to confirm that the bulls are in control. The next top will probably be about $10200 and then a move down again. Here is the latest video from Tone Vays.

What do you think of the current bitcoin prices? Are the bulls in control?

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Colin Brazendale

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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.