[ Bitcoin ] The Bitcoin Bulls are in Control!

The bulls had a great day yesterday and run all the way to $11156 on Bitstamp. We dipped and went up again and currently at $11126 as I am writing. I am expecting some profit taking, but the bulls might decide otherwise and run further. That would be nice. 😊

The must hold level is still $9313, but if we can consolidate here and make a new higher low we can move this level upwards to $10236.

Resistance is at about $11700. It will be great if we can break this and continue the bull run from the $6000 dump.

Here is Dan from The Chart Guys. He also looks at Altcoins, Ethereum and Litecoin:

What do you think of the current bitcoin price? Do you like this Bull run?

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Regards

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.