BTC - A little pause in the drop

in #bitcoin6 years ago (edited)

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The correction continued after my article of yesterday and we made a new short term low. Bitcoin is now in consolidation mode since some hours but we don't have any signs for a change of trend. We could perhaps have a technical bounce after this important drop but for sure we are still in a bear trend. I'm waiting to see how the market will react on the 5800$ level where we have an important support line.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

BARRE STEEMIT.jpg

Are you looking for a userfriendly way to exchange your cryptos in £, $, € ?
Do you want them spendable directly via a dedicated plastic Visa card ?
Do you want to receive back 0.5% of your spending in Bitcoin ?
I recommend you the platform Wirex.jpg

BARRE STEEMIT.jpg

banner_cryptopassion03.png

BARRE STEEMIT.jpg

banner_cryptopassion_witnessvote01.png

banner_cryptopassion_viaSteemit01.png

gif_witness_cryptopassion02(220).gif

banner_cryptopassion_viaSteemConnect01.png

gif_witness_cryptopassion03c(500).gif

BARRE STEEMIT.jpg

Sort:  

I suspect we aren't done wth the down side, but I dont care, I bought 1400 steem today, and proceeded to power up. If we are going into a real long term bear market I want to earn passive crypto, and if the Bulls are ready to run, Im happy to hitch my hopes to this horse.

With conversations like this, and content like yours, we can actively #GrowSteemit and our profits.

Thanks man.

I think its time for a great come back now

This correction is important, I still think we should have another descent, but after this everything will start to have good news

Is possible to see 5000 level again may be will reach it

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 61726.60
ETH 3041.60
USDT 1.00
SBD 3.86