Bitcoin Making Lower Highs As Price Action Continues to Tighten

in #cryptocurrency • 6 years ago

Volatility seems to keep drying up each day over the past two weeks. Something is gonna pop off at some point soon, that's usually how these things play out.

Seven Thousand Dollar Question

  • Will we pop off to the upside or the downside?

Anyway, just a quick video looking at Bitcoin and Ethereum.

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Need to learn the basics about bitcoin, the blockchain and wallets?

Free e-book: ScaredyCatGuide to Knowing What the Heck Bitcoin Is

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Best Regards,
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Disclaimer: All info in this post is my opinion and for educational use.

#crypto #money #trading #bitcoin
6 years ago in #cryptocurrency by
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     6 years ago 

    I don't even know what to think any more. I have been unwilling to sell at these levels but that hasn't been the best decision. Really hoping over time it comes back stronger. The news to me doesn't reflect the selling pressure.

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     6 years ago 

    Looking forward to the future. Remember, the lower it goes the more you can buy - that's not a bad thing!

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     6 years ago 

    Yes indeed! I have some USDT from selling at higher prices waiting in the wings for the fire sale ;-)

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     6 years ago 

    The equity markets have been doing the same thing, hmmm

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     6 years ago 

    thanks for sharing information about bitcoin values, up or down.

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       6 years ago 

      I think the graph shows a good news. Bitcoin is starting to stabilize. The volatility lessens day by day which could lower the risk of loosing for new traders and investors. Let's just hope this goes up before the year ends.

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         6 years ago 

        As we can see Bitcoin Price is going down from past 4 months due to many FUD's from several nations every month.
        Though it's very tough to come back again for Dec price last year 2017
        Which was ATH @$19500
        Now current value is in $6700 range which is unstable at the moment
        because of Indian govt declares that BTC & other virtual currencies are not supporting at the moment along with Banks.
        This leads down btc as most of Indians did panic sells.
        Still it has more chances to raise as we saw BTC bans in China when it was @ $3k then it went to ATH.

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