BTC - We are trying to go back in the trading range canal
Hello all,
The BTC is consolidating around the 1st resistance line of our trading range canal :
I was afraid that we start a massive drop after the break of the support line but it looks like the BTC don't want go lower now. Till now the UP trending is not broken and we could quickly go back in the trading range canal and make after a UP Break Out.
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.
Version française ici : [FR] BTC - Nous essayons de réintégrer le canal de trading
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I cashed out .00001% of my vast crypto empire last week and here is what I did:
--I sent a check to Uncle Scam for ten trillion dollars to pay down the deficit.
--I bailed out Greece.
--I paid off everyones student loans in the US.
--I bought Granny that sex change she has been wanting.
--I bought a Tesla for eveyone on my block.
--And I had enough left over for a TofuBurger.
And then my Mom woke me up yelling at me from the top of the basement stairs...WTF....
LULZ....
As I read your post almost everyday, I am learning how to understand the trend of btc and steem. Thanks for sharing continuously!
El btc a las nubes para el 2018; no lo pienses e invierte a largo plazo.
We can rest now for some time because it looks like btc is "stable" atm, but one friend of mine was calculating the drop and he predicted this drop to 13k, moreover after that he thinks that it will go down even more, and by that "down" he means doooooown, so he sold his entire part. I hope it will not go so low in the near future and that this was "Christmas drop" since many people needed money for gifts/dinners/etc... and now we are floating in the safe areas. Some oscillations are normal so if you can resist than HODL it :)
I will hodl mine for sure...
According to my own analysis - Bitcoin now is only situating in a consolidation mode. Once the holidays are over - it's going to pick up the steam. Just hodl on tight and remember to fasten your seatbelts :)
All crypto trades are taxable events in US 2018 Merry Christmas
Ethereum has been holding relatively strong against Bitcoin, trading in a range. I still believe that there is longer-term downward pressure, but it appears that in the short term we may go looking towards the 0.04 level, followed by the 0.045 handle. Because of this, short-term buyers might be attracted but I believe it will only set up a shorting opportunity.
Don't listen to some dude online telling you how to trade....
good btc analysis
Thank you very much for the analysis much appreciated!
informative article as usual. Keep up the good work and merry christmas!