Did you see bitcoin?
As soon as I write this article, bitfinex is trading at around 8,100 thousand dollars. The 200-day moving and 5-day moving average (MA) last yesterday followed by the bitcoin, which went up to 8,400.
According to CoinMarketCap's data, the total market value of BitCoin increased 26 percent in one day and its price rose 38 percent from the 6,000 dollar limit.
We informed you that this rise of Bitcoin began the day before in the US senate, after the President of the Securities Exchange and the President of the Commodity Futures Commission on the crypto money. Investors believe congressmen see a future in block-chain technology. The meeting was sophisticated, and the conversation was straightforward without any prejudice. Technical reports tell you that you are seeing bitcoin as such.
Bitcoin has passed 8 thousand dollars but has not yet recovered from the downward trend line.
On weekly charts, 5-day MA and 10-day MA are still pointing down. It is not difficult to see 10 thousand dollars when the 10-day moving averages (10-MA) go on this trend of motion, but it is not so difficult to see the 5,000 dollar levels if you can not keep on the 10 day average and approach 200 day moving average.
This post has been upvoted by @microbot with 4.8%!
You want higher upvotes?
Vote for my creator @isnochys as witness!
Congratulations @ankavatar! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPThis post has received a 0.22 % upvote from @drotto thanks to: @ankavatar.
You got a 2.33% upvote from @upmewhale courtesy of @ankavatar!
You got a 1.67% upvote from @nado.bot courtesy of @ankavatar!
Send at least 0.1 SBD to participate in bid and get upvote of 0%-100% with full voting power.
You got a 6.90% upvote from @luckyvotes courtesy of @ankavatar!