Bitcoin Trend / 13 - 01 - 2018

in #bitcoin8 years ago (edited)

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  • Bitcoin price has managed to hold on to the critical support at 12400.00 level and might get a little bit of bullish pressure but if the price do not breach 14400.00 level and hold above it, the bullish pressure will end with an sell opportunity.


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  • Aggressive traders look to buy on a breakout above 14400.00 level, but If bitcoin price fails to rally above this level , it will turn down to 12400.00 level. So it’s better to wait for a 16400.00 breakout or 12400.00 breakdown before initiating any positions.

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  • The South Korean government has confirmed that it has no plans to ban cryptocurrency trading in the short-term. This is a major relief to the markets, which were reeling under selling pressure, but many traders saw the recent decline as a buying opportunity.

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  • If you like to eat chicken tenders, waffle fries, Med Side, Med Gravy, do not miss this weekend "KFC Canada Bitcoin Bucket" and do not forget, as monday is Martin Luther King Jr.’s birthday in America, quiet trading is expected.

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.
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Is this for real ? For MLK day ? Everyone panics whenever a country tries to ban it but in the end they realize they cannot live without the future of crypto that will dominate

240.000 new bitcoin accounts was opened in few hours after the decline

It’s rising past 14000 again , I like

i have a buy order for $12000 level. ill leave it in for as long as it takes.

I also want to eat the chicken tenders, thanks for the valuable information about the hope and expectations. Good luck to you too for the chicken.

Thanks..
Have a great weelend..

the market recovery has been goo for all coins including bitcoin, can it break the 14000 resistance is another thing, it would have been detrimental if the South Korean government would have ban cryptos. their was a petition by the citizen with more than 250000 people signing to stop the ban , i think that was why the government had to come out to quell any anxiety

Thats means crypto currency would never ban.

@lordoftruth...yeah. bro i am also waiting for tge raise of btc prices.. from last few days onwords the prices get fall down and bad market running on the market cap ..every one who want to sell their coins get more suffer about this coins prices..after the sudden raise of the bitcoin 1 month back after that price is not reach more upto that value... any way i hope that definatley price will grow high in future..

Informative post.Thanks for sharing it

I'm scared what if BTC come under crash zone .

But also happy that wen can now eat cryptens(crypto+chicken)😉😉🍴🍴

Very informative and important post...i love cryptocurrency news..thnx for share this post with us

Great post @lordoftruth.
Keep up the good.

I like ur username #lordoftruth

Wow.
Great information. I really did not know about this information before.
tHanks for sharing it. @lordoftruth

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