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RE: BUY bitcoin and steemit @ these levels
This does look like a good time to accumulate. As long as no more negative news surfaces during this cycle, I'd think we should start to see an up tick. Good more accumulation at this level.
So what is your thought on testing the lows again?
I think it depends on how close it comes to breaking that 20 day moving average. This up tick looks more 'bullish' than the previous two attempts to break resistance. Unfortunately I think it will depend on how Bitcoin reacts to the 20 day SMA resistance. If we see some fight against the resistance I'd say we probably won't get back down to those lows on this next cycle but, if you see some serious trail off at the resistance line, I bet it gets close again. All this barring any crappy news that affects market sentiment. IDK maybe I'm overthinking it lol.
You put it together right 👍