Bitcoin Trend Series / EP. 537 / Steem Market Bear is Over & CRYPTO GOLD is Nervous

Time: 8.29 A.M. / GM+2 / 21th Mar, 2018 – Wed.

5 Days ago, we wrote that Bull - Bear cycle Has Been completed / 532 / and the projected bottom was found around 7.24K, and in our previous post
/ 536 / we had forecast the trading range will be between 7.66K and 9.40K, the intraday high was 9.12K, and the low was 8.30K.

And as we wrote in our last update:

"I believe the bullish wave will push the price toward 9.2K-9.4K ( The second jumb ) as this jumb will come in waves to lead the price to 10.15K and 11.70K."

And the second jumb as you see above 9K, took place.

Let Us See What Next!

Few days ago, was asked about steem ?
What I can say: Steem bear market is over but my P.O.V. that: " Steem will begin rallying strong around the middle of August".

Let us back to our CRYPTO GOLD ( BTC )

• Bitcoin price is so Nervous and showing a bullish signal after another, and this momentum will help the price to make the third jumb to 10.15K ( this jumbs will come in waves to lead the price to 10.15K and 11.70K. ) to back to the main road ( Our an past inverse head and shoulders
  / 526 / formation ).

• Around 2K move to the upside is expected, the the same height between 7.24K and 9.12K the next days, but for the next 48 hours the bullish momentum will try to move bitcoin price up to around 10.15K ( The third jumb ) supported by the EMA50.

• Note; Bitcoin price might still have a quick pullback to 8.5K before the the third jumb.

• Enjoy Nostradamus Quotes:

"Alas, how we will see a great nation sorely troubled and the holy law in utter ruin. Christianity (governed) throughout by other laws, when a new source of gold and silver is discovered".

"Through lightning in the arch gold and silver melted, Of two captives one will eat the other: The greatest one of the city stretched out, When submerged the fleet will swim".

Image Source

Support : 8200.00 level (Major).
Resistance : 10200.00 level (Major).

Expected trading for today:
is between 8200.00 support and 10200.00 resistance.

Expected trend for today :
Bullish ( in waves ).

Medium Term:
Bullish.

Long Term:
Bullish.

The low of 2018:
5947.00 / IHS Bottom.

The high of 2018:
25000.00 level / Expected.

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

Writing a series means playing a long game, investing considerable time and effort up front in hopes of considerable returns down the road.
I'm so proud of my little blog, and so grateful to all of you
for support to keep it going.

If You are New in Trading  --> Read Trading Education Center / Volume I.    

What You Know About --> Fibonacci Retracement in Trending Market.