(06 September 2018)BITCOIN (IN USD): Plunge sharply seemingly with no clear reason.

in #bitcoin3 years ago

BTC.png

-----[Market News]---------------------------

1 Bitcoin ETF applicants 'don't fit the mold' for the SEC, crypto exec says.--YAHOO

-----[Analytics&Forecasts]-------------------

.Bitcoin price has dropped sharply and suddenly after it reach above the resistance above $7,200,in one day the price dropped more than $1000 for last several hours,the downwards momentum is so strong,the price now has faded the near $6,500,but there is look likes no clear reason for the self-off,so let's see what will happen.
The technical structure suggests bearish continue.
Hourly support is given at $6'250 .
and resistance remains at $6'800 .
Strong support stands at $5'605 (13/11/2017 low) .
strong resistance remains at $12'130 (08/02/2018).
. In the long-term, the digital currency has had an exponential growth but also
presented important downturns. There is decent likelihood that the currency could stabilize between $5'000 - $12'000 in 2018.


-----[市场资讯]---------------------------

1.比特币的ETF申请人,不符合SEC的条件--雅虎

-----[分析和展望]------------------------

.比特币价格在达到$7,200的压力位上方后,突然大幅下挫,几个小时内跌幅超过一千美元,下行势头相当强劲,目前暂止在$6,500附近,目前仍没有清楚暴跌的原因,技术上看短期仍将是空头。
时线的支撑位在$6,250,压力位在$6'800。
最近的强支撑位$5'605 (13/11/2017 低点),强阻力位在$12'130 (18/01/2018高点).
.长线上看数字货币还将向上增长,但动能开始衰弱,2018年趋向于在$5'000 - $12'000 之间运行
================================================
upvote.png
Disclaimer.png

Sort:  

yeah and everyone is trying to come up with some reason when in reality it just happened, someone dumped something and probably triggered some trading bots and then people woke up in the US and freaked and sold. Everyone tries to make sense of everything when in reality it just happens. There was no TA that could of prevented that, unfortunately. Just keep buying the dip to the dip to the dip

yes,if you have a good Trading Strategies,you can don't care about it..

Hay que tener mucha paciencia para esto de la cyptocurrency. Saludos

吃了吗?你好!家中可愛的寵物照想要跟大家分享嗎?或是出去玩拍到一些可愛的動物,別忘了到@dpet分享,可以得到@dpet的獎勵喔!假如我的留言打扰到你,请回复“取消”。

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by digiccydigger from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Congratulations @digiccydigger! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

Award for the number of posts published
Award for the number of upvotes

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @digiccydigger! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

Award for the number of comments

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update
SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.30
TRX 0.06
JST 0.041
BTC 36784.77
ETH 2398.28
USDT 1.00
SBD 4.00