[ Trading ] Bitcoin getting ready for a breakout. UP or Down?

in #trading6 years ago

Bitcoin is currently at $6100 and looks like we are building up to a breakout. Dan from The Chart Guys thinks we will see a breakout in the next 2 days.

If we listen to Tone Vays the breakout will be down with support at $4975 and from there he is hoping for a rally up.

Here is Dan with his daily update on Bitcoin and other crypto:

Do you think Bitcoin will break up or down?

My Zukul Trading bots are still on pause setting. I am waiting for the bear market to turn because I cannot get my trading bot to make money in the bear market. It is to one sided. My bot needs clear up and down trends.

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I think down. Sorry to sound negative, but the quicker we bottom the better.

Agree, lets get the bear market over and done with.

Here is the latest update from Tone Vays:

I'm expect it will touch 10000 doller in just 2 week what you think?

I don't think so. Watch the video from Tone Vays. He is using the Sequential indicator with great success. In his video he motivates why we will get a temp bottom in the next 2 weeks and a all out bottom in October or November.

I think he is correct in predicting a 4975 temp bottom in the next 2 weeks and then a small rally. I want to get onto this one, but I don't think it will go to 10000. Tone thinks maybe 8500 and then down again.

Let me know what you think of Tone Vays predictions.

This bear market is really dragging on

@colinbrazendale i think the last dip is here an next go up
what you think????

Yes I think so too. We are going to fall to 4975 in the next 2 weeks and then up to 8000 then back down to below 4975.

can i sell my coins????

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