Short term BTC target

in #btc5 years ago

Screen Shot 2020-01-24 at 12.32.25 PM.png

I am currently watching these three target areas for BTC. 8200, 7700 and 7500.

We kinda already hit the first target, but I think there is a ig likelihood that we will go below from here. I think this likelihood is above 60% and as a result I am not willing to long, even though I am very bullish longer term.

This is because we broke out of a downtrend that started about 6 month ago. We are currently retracing from the breakout to get some new breath for the next move away.

I'll be looking for long entries at target 2 & 3.

Sort:  

Resteemed :-)

I'll be looking for long entries at target 2 & 3.

i'm too!! thx for graphic, very interesting
cheers and a little bit of !BEER 🤠

Thank you

I am although very bullish for longer term 👌


Hey @knircky, here is a little bit of BEER from @reiseamateur for you. Enjoy it!

Learn how to earn FREE BEER each day by staking.

Banking on long entries as well.

Indeed there is some pressure in the market. Probably by miners. Afer the halfing in May this influence will decrease. So I expect higher levels in the second half of this year.

That’s right!

@knircky, Let's see what is waiting ahead. I am no expert but going through from some posts and videos and through those words and information in my opinion Selling Pressure is increasing. Stay blessed.

Posted using Partiko Android

Hi, @knircky!

You just got a 4.1% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

I'd like btc to fall. I was planning to throw in my liquid steem when btc was below 7k a few weeks ago but I couldn't pull the trigger. I'm 100% in steem and it feels wrong. Need some btc even though if steem gets to 50 cents I would be better for me to stay in steem. Have a !BEER on me


Hey @knircky, here is a little bit of BEER from @cflclosers for you. Enjoy it!

Learn how to earn FREE BEER each day by staking.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63931.73
ETH 2663.43
USDT 1.00
SBD 2.84