Bitcoin Trend / No. 502 / Inside A Meme
As I predicted, there was a drop before 12K, and bitcoin price at this moment, try to break the critical support at 10700.00. I believe in the next few days, the supports 10700.00, 10150.00, 10000.00 and 9700.00 will be broken, and most likely, a natural rollback will lead the price to hit 8.7- 9.2K around the end of first week of March, followed by upward move to hit 14.5-15K around the first week of April.
Let us enjoy the bearish move, becauce it will lead us to a safe buy zone for the second time since February 6, when I went up with the buy call at 6.1k. Enjoy the below meme, where you can see my prediction for the next weeks.
Expected trading for the rest of day:
is between 9700.00 support and 11700.00 resistance.
Expected trend for today :
Bearish.
Medium Term:
Bullish.
Long Term:
Bullish.
The low of 2018:
5947.00 / H&S bottom.
The high of 2018:
25000.00 level / Expected.
Well bitcoin is doing almost same as you draw on chart. In long run, I hope this inverse head and shoulder pattern work and neckline gets broken with strong impulse.
I guess we all hope for that. 🙌
good job about bitcoin!!! interesting!
good informations@lordoftruth
thank you for sharing
bearish trend still but all the profit had been made yesterday so lets wait and see where it will head towards but thanks a lot for sharing this update
How far down til turn around to Bull market in BTC, comment?
What going on!! what is happening with bitcoin..So painful.Now i check my coinbase account and got sorrow to see that BTC down in 10K.
Thanks for share information about BTC.
I appreciate your work. Keep it up. Wish you avery happy and bright future.
bitcoin is one of the biggest opportunities since the invention of the internet itself.... great times to be around....
It's pretty incredible that you did predict the market cap of BTC and you were absolutely right. So now what do you think about the future of the market of BTC. If it's dropping should we consider selling the shares. Thank you.
To be honest, I really don't know why people are buying Bitcoin... It promoted the blockchain technology as a "database model" to masses (Blockchain as a "database model" is the future anyway), but what does Bitcoin solve? (i.e. Ethereum offers smart contracts; and even though its centralized Ripple promises faster transactions) - Well, let's see what time will tell, as always. :)
Yayya resteemit done,. Thank you m'lord for your information