Is Bitcoin price bottom in?

in #bitcoin6 years ago

Hello Steemains

Hope everyone doing well.

Bad news + Manipulation but price still keep itself above $6,900 after dip towards $6,600.

I think we got price bottom before new bull run.

I expert price will cross $7,500 in next 24 hours

which will give more confidence to new buyers.

TA for Bitcoin (4 hr chart completely in favour of new uptrend.

On 4 hours chart we got some green candles.

Inverted Hammer follow by Three White Soldiers.
+

MACD confirmed new uptrend movement.
+

9 SMA below price.

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Go through lessons (by salahuddin2004)

Lesson # 1 (Support/Resistance levels)
https://steemit.com/bitcoin/@salahuddin2004/lesson-1

Lession # 2 (Breakout/Breakdown/New Support/New Resistance)
https://steemit.com/bitcoin/@salahuddin2004/lesson-2

Lesson # 3 (False Breakout & how to avoid them)
https://steemit.com/cryptocurrency/@salahuddin2004/lesson-3-false-breakout-and-how-to-avoid-them

Lesson # 4 (RSI Indicator & how to use it)
https://steemit.com/bitcoin/@salahuddin2004/lesson-4

Top 70 Cryptocurrencies (Buying points/Target points) by me
https://steemit.com/bitcoin/@salahuddin2004/top-70-cryptocurrencies-buying-points-target-points

FOR requesting TA, Whatsapp me

https://steemit.com/bitcoin/@salahuddin2004/one-extra-feature-for-my-followers

Don't Forget to Resteem.

Thank you.

Take care.

Sort:  

Thx my friend. Good Analyse 👍🏻

Time to buy!

I think they call that ''to catch a falling knife''. So far there is no confirmation that the trend is back to bullish, at least in my opinion. But it is your money at the end of the day. Good luck!

Hi Alex,
How are you these days? Did you see the Larry en Joe video with Sunrok from Verge? What do you think of it? For me all eyes and hopes on Verge at this moment, because I cannot find anything else to be positive about ...

Hi Carola,
I am fine, thanks. Yeah, I watched the video (most of it) and I am looking forward to the 16th and 17th of April. It sounds exciting! Top 3 coin though..I don't know (it would mean that 1 XVG is more than a dollar). I would be happy if XVG goes to 20 cents for now since it is still a bear market. I will be looking for some buying opportunities when Verge falls a bit in satoshi- it should fall a bit before 16th, I think.
How about you? What do you think of it and do you plan buying some more XVG?

Hi Alex I did reply, see Salahs post about Verge :-)

Looks like we're going to go lower, already confirming. We need that impulsive bounce for the bottom to be in and thus far it's just been meandering the low.

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