Bitcoin Trend / Christmas Holiday Update / Did You Sell The Furios Rally & Bought The Crash

in #bitcoin7 years ago (edited)

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Yesterday I wrote :

Breaking 13000.00 and hold below it will push the price towards 11600.00, followed by 10800.00 level.
And as you see Bitcoin broke very important support at 13000.00 and tested the 10800.00 level, where I bought, hopping that some of you sold the rally and bought the crash, as I did!

The price now around 13500.00 as the recovery was expected but the gains are likely to be limited to 14500.00, as breaching this level and hold above it will push the price towards 15500.00 level.

Expected trading for Christmas Holiday :
is between 10800.00 support and 14500.00 resistance.

Expected trend for Christmas Holiday:
Bearish.

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.
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thanks for update news on bitcoin.

Really amezing to see these up and downs specially when I haven't invested a single penny there ☺☺
#untalented

I think you will be winner. Best of luck and crypto Merry Christmas

An excellent analysis and according to forecasts, now there is a redistribution of assets from investors before the New Year holidays, so the fluctuation of the rate is now relevant. I hope everything will go in a positive direction! Thank you @lordoftruth

Nice info i have been looking more and more into btc and learning about the wall (resistance) thanks for sharing

i agree with you , thanks for sharing @lordoftruth .now alredy resteemed this post

I think this correction is healthy for crypto. The "bubble" people are finnaly silent, or at least not as loud. Also, its a great opportunity for us to buy up and accumulate assets, getting ready for 2018. Thanks for the read!

i can not think why the price of bitcoin is so on the wane?????

Thank u @lordoftruth for sharing valuble btc technical analyse...
U say btc have down trend now...
Ok I think that is good time for buy some coins...
And waiting for ur fx signals post for today...
Good luck..

put me in your community @lordoftrunh