BITCOIN: Despite the total and utter garbage and lies being spurted out by the Mainstream Narrative, the technicals are telling a completely different story..!!

in #bitcoin8 years ago (edited)

BITCOIN PRICE CHART

BITCOIN.png

dMAmapping⇗⇗⇗⇗⇗⇗ Screen

BITCOIN dMAs screen.png

Despite the total and utter garbage and lies being spurted out by the Mainstream Narrative, the technicals are telling a completely different story..!!

BITCOIN triggered a dMAmapping⇗⇗⇗⇗⇗⇗ Alert on 11th December 2015 at $451.94 and has since seen an explosive Growth of no less than x 4.51 to the current price of $2,038.17.

With a current Market Capital of approx. $33.5bn and Ranked No.1 in the Crypto Currency Market, BITCOIN has witnessed an explosive growth these last 19 months and things are only just getting started..!!

Currently BITCOIN is sat at the 100dMA and we retain a LONG TERM BULLISH recommendation on BITCOIN.

We will be monitoring the technicals over the next few weeks but remain confident that things are about to take off again..!!

Thanks again for reading.

Stephen

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I always enjoy your technical analysis stephen ! Thank you, you're my daily source of crypto information :) I check your posts just as much as I check coinmarketcap haha

...." I check your posts just as much as I check coinmarketcap.." No pressure then..!! ....hahaha. Thanks for your support. Stephen

Bitcoin is still the kind and will remain kind of crypto . I however, hope that all will go well come August 1.
My strategy, however, is to continue buying and powering up my steem as am bullish about steem and its future potentials.
Feel free to see my latest blog post for my milestone celebration.

Thanks a lot for all your great post and wish you a blessed weekend.

Very good time to invest in cheap BTC now... Come Aug 1st BTC is going to take next big jump after Hardfork.

Oh I really do hope so! :)

Shared on twitter. Stephen

Thanks as always Stephen!

Mainstream media does NOT know anything about cryptocurrencies or the blockchain or how to read the charts to report truthfully. On that note, mainstream media only reports what they are told to report to the public. The government agencies demand that the public new stations only report what they tell them to report and when to report it. Thank you @stephenkendal for this great information.

Thank you @stephenkendal your post tells us how most of us are dumb after listening to mainstream analyst but the true is always the other way around. Today this is always the same thing whatever they are saying it is always to maintain their power and agenda. Big thanks and Resteem it for other to understand it too. Love and Happiness

Thanks, I agree.. it could fall a little lower, but I think they are just trying to scare everyone out before the next move higher

Agreed, smart money knows this is the epitome of an emotional market -- they'll exploit that to the hilt.

Bitcoin is shaking off some of the great rise the last 2 years. A healthy pull back, I would say. But price action can remain shaky the next few week towards the 1 August resolution (if there actually is any).

I had to learn from the beginning to tune out not just the mainstream media, but all the nay sayers around me as well (although to be honest, they are getting their info from mainstream media). Not many people I know want to hear me talk about BTC or any other coin. But they sure love to tell me when everything takes a break and heads down, otherwise they say I'm crazy. Well, they will NOT be seeing me when everything turns around and takes off in the near future. I will be gone and have to hide because clearly even though people portray that they don't care or aren't interested, they obviously watch the price to know when it moves :) Probably want to be my best friend then!

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