Bitcoin USD Trade 25th Aug, 2018

in #bitcoin2 years ago

Bitcoin bearish trend after the all time of $19,000 in the 4th Quarter of 2017 may have found the new bottom ranging between $5000 and $7000.

On 11th Aug, bitcoin found a new bottom of $6100, while on 21st Aug MACD crosses over indicating a possible uptrend in coming days.

The point marked as bull confirmation was the turning point confirmation of price reversal in the up trend.

In the last Quarter of 2018, i believe BTC migh rally up to $10,000

A quick short term trading plan targeting $8300 from $6100. Buy and sell position indicated below.

Your Comments, suggestion and questions are highly welcomed

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BTS Wallet - trizle1

BTC Wallet - 1AxEcPUi6nNQDaaT8CKTohmBKeYFhUJyFE

ETH Wallet - 0xDFf7E134291E1C82F98E3976be47BC3484F595B9

LTC Wallet - LbpwNMUYPj2uPMXh6RiDwvzap7UBtQGiAS

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Great to see you back Trizle. Upvoted and Resteemed.

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin6717.372$2.54%4.18%
BTSBitShares0.107$2.13%-3.33%
ETHEthereum279.342$0.99%-7.26%
LTCLitecoin57.764$2.25%0.22%

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