This weekend question: Does Bitcoin break down the downstream channel?

in #bitcoin6 years ago

Normally I do not usually draw lines in Bitcoin boxes, but when I draw them, they look like this:

and not only I draw lines that illustrate the descending channel in which Bitcoin is located during the last 3 months, but I also dare to imagine some turning points.

For example, if Bitcoin will break above the line, the chances of a real bullfight are increasing drastically.

But if the last one - quite unexpected, and a bit strange, to be honest - the bullfight will prove to be a bull trap, then the descent will not only continue, but can also accelerate.

So, take your popcorn, relax and look at the lists this weekend, because maybe we have a great pleasure: regardless of the address, the price can vary a lot.

Por otro lado tenemos el precio del Steem y Steem dollars

Steem dollars

Steem

Steem and Steem Dollars also made substantial gains by increasing volume, even percentage higher than Bitcoin. Once again, there is no particular news that you have knowledge of, but it is certainly a good sign. Last night a huge amount of "value" was added to the Steem ecosystem, and the price of Steem in Bitcoin seems very favorable compared to the recent medium-term averages.

I would expect more bullish, but not until a withdrawal has been resolved.
I have heard speculation that other ads in Smart Media Tokens could be maintained until the investor sentiment in the encryption (or Steem) market is revived. With a little luck, this could be the beginning of a rebirth of feeling.

Bitcoin jumped suddenly for the second time in so many days, extending its weekly profit to more than 20 percent. The most sought-after cryptocurrency in the world rose almost $ 400 in the space of one hour on Friday to $ 8,175

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