Bitcoin Trend / 07 - 02 - 2018 / The Bottom Has Been Found
Expected trading for today is between 6000.00 support and 8600.00 resistance
As expected, a massive swell of volume leading into an aggressive fall to 6k and a sharp bounce to 7.9k, and still a lot of financial analysts, see the bearish trend!
My point of view:
The bottom has been found at 5947.00, as I predict in my last post
Bitcoin Trend / Banks & Crypto War.It is unlikely, bitcoin price will be making any new low, below the strong support at 6k.
Crypto Bloodbath Killed the buyers in Dec 2017 and will kill the sellers in Feb 2018.
Patience is required from the hardcore hodlers that truly believe in Bitcoin and the philosophy of cryptocurrency.
The trend is Neutral to bullish, and I still see, bitcoin price start to manage to breach 8600.00 level around the middle of feb.
Breaching 8600.00 level and hold above it, will change the trend from "neutral to bullish" to bullish.
Expected trading for today:
is between 6000.00 support and 8600.00 resistance.
Expected trend for today :
Neutral to bullish.
Medium Term:
Bullish.
Long Term:
Bullish.
The low of 2018:
5947.00 / Strong Support.
The high of 2018:
25000.00 level.
YEAHHH!
I am hard core patient :-)
All the crash prophets won't trust their eyes in a couple of month later when they have to see new ATH's!
Do you see Mate..
I still see right..
HODL..
I am bearish yet, but I hope the recoverage continue. I believe that we need to cancel some low pivots to change to bullish =)
Thanks for the post. I'm following and enjoying
It's just a loss if you push the button. Otherwise, it will be an experience to exercise your emotional intelligence and patience
I just can't wait for bitcoin to go on a bullish run again. 20,000$ might be the next stop.
it will be high after goverment regulations
This comment has received a 0.33 % upvote from @booster thanks to: @jassi.
It has the worse affect on SBD as i made about 2$ but due to fall of Bitcoin and other crypto currency i received only 0.4 SBD
i lost upto 30 sbd in this dip don't worry dude
Thanks dude
I think the market will definitely see a further bounceback once we get more liquidity in. The credit card ban crunched the market a bit but crypytocurrencies are here to stay so we should see more access opening up, even if institutions are trying to limit access. As you noted though, got to have a long term vision here.
I believe we may be able to see $50,000+ Bitcoin in 2018
Thanks my best friend for comment and support..
For now , I can see the high at 25 k as in my new draw..
Let us wait and see..
Mmmm. Phewph we made it!!! Glad thats (appears to be) over!
Bitcoin price start to manage to breach 8600.00 level ..
Thanks for support..
You are incredibly accurate in your calls. Thank you for keeping us in the loop!
Thank you @lordoftruth for the information! I hope for growth and believe in progress on the Steemit :) Thank you for your visit! Have a nice day!
it is rebounding slowly and looking at the stats today i see all the market is trading green and double digits, this is a good thing , hope it crosses the $8000 mark
Always on point! Just a quick question, what do you think is the chance that $6k will be hit again today?
I do not think so..
Alright, thanks! You're the greatest!! :D