Don't Panic, Bitcoin Reached Its Lowest

in #bitcoin • 7 years ago

BTC has gone under serious price correction Just like I analysed here : https://steemit.com/trading/@funnyman/btc-can-go-correction-in-two-paths .  Now we are looking at a potential consolidation of a couple of months, most probably a triangle formation. this is the time where you should come and invest to get your cut. Without talking more let's have a look at the BTC price chart.



As you can see the huge selling pressure because of the overbought BTC in December. Now It will be oversold for a couple of days and then going to consolidate. I analysed BTC price to go around $6000 but there can be a variance of $200 to $300 so you need to be very quick if you want to buy at the lowest. I wouldn't recommend you to buy at the lowest instead you should follow the laddering technique to make the most of it. 



Let's Celebrate Our Bright Future


More CONTENT to COME....STAY TUNED!

@funnyman

#trading #btc #india #crypto
7 years ago in #bitcoin by
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     7 years ago 

    I saw it a few hours ago hold strong resistance at 5900...a ton of buying afterwards.

    Shot back up to 6400 within 15-20 mins.

    Question is...whether that resistance will hold up...

    5214 then 3287 are my next points of resistance after that.

    Thanks for the post @funnyman.

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     7 years ago 

    Likewise... But I don't think it would go that low. Let's See what future holds for us

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     7 years ago 

    I really want to invest in bitcoin, I'm scared the way it keeps going down.
    Do you think it'll rise back again soon

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     7 years ago 

    Yes! Definitely

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     7 years ago 

    hi. it is good analysis. thanks for your share. And I also think like the link below.

    https://steemit.com/cryptocurrency/@cryptoewp/bitcoin-ewp-analysis

    have a nice days and good luck.

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     7 years ago 

    Thanks...

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     7 years ago 

    Thanks for share information about BTC.

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       7 years ago 

      YOU GOT IT.

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       7 years ago 

      I totally agree with you! Furthermore, the SEC has good news for cryptocurrency traders - they support cryptocurrencies! Feel free to check out the article that I wrote about it here:

      https://steemit.com/bitcoin/@stevensteel/the-dip-is-almost-over-sec-chairman-s-positive-stance-on-cryptocurrencies-revealed-in-written-testimony-before-tomorrow-s-joint

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         7 years ago 

        CoOL!

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         7 years ago 

        Awesome! I followed you by the way - would love if we could connect on Steemit and support each other on this journey!

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