Rumour has it Bitcoin won’t see 10k anymore: Bitcoin Price Analysis
The more accurate you are on the downside the more people will hate you. I have learnt it the hard way. Reality must be presented in small doses.
Here are today’s thoughts and tweets combined. For some reason if you do not want me to include your tweets in this space please let me know quickly before Steem is frozen in time (3 days) and I will remove your tweet (also unfollow me so I don’t do it in future).
Here are today’s tweets, news and my comments:
Bitcoin Price Analysis: Rumour Has It…
‘Rumour has it Bitcoin won’t see 10k anymore’ would serve as a suitable alteration to the chorus of Adele’s mega-hit, ‘Rumour Has It.’ It’s obvious that for the time being, bears are in full control of bitcoin price but this time it’s a little bit harder to discern the source of BTC’s recent turmoil.
http://bitcoinist.com/bitcoin-price-analysis-rumour/
Bitcoin price analysis: Its now or never after the break down, $7,000 at risk
The uncrowned king of the crytocurrency world, Bitcoin broke down of a key support on the charts and needs to bounce back up sharply in order to label the breakdown as a false and try and claim its lost glory.
https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-analysis-its-now-or-never-after-the-break-down-7-000-at-risk-201805270716
Cryptocurrency Market Continues to Fall as Bitcoin Price Seeks Support at $6,700
Throughout 2018, the bitcoin price has experienced three major corrections on February 7, April 10, and May 25. The initial correction that occurred on February 7 led the bitcoin price to drop from $19,900 to $6,100, by more than 69 percent. ______(Read my 4th Dimension: Bitcoin-Manipulation-Cartel — Price-Suppression is the Goal)__ The second correction on April 10 prompted BTC to fall from $12,000 to $6,400, by 46 percent. The third and latest correction on May 25 led BTC to decline from $10,000 to $7,200, by 28 percent. (Read my Cartel Strike #3)__)
https://www.ccn.com/cryptocurrency-market-continues-to-fall-as-bitcoin-price-seeks-support-at-6700/
Coinbase Rebrands GDAX to Coinbase Pro With Added Features
GDAX users will gradually be transitioned to Coinbase Pro, with all their balances and transactions available on the new platform. The platform, which Coinbase describes as intuitive, promises a simplified deposit and withdrawal process as well as improved charts which will make it easier for users to access historical data. It will also feature a new portfolio view called My Wallets that will allow users to see an overview of their accounts and balances.
https://themerkle.com/coinbase-rebrands-gdax-to-coinbase-pro-with-added-features/
I accidentally threw away $60M worth of Bitcoin
After Matthew Mellon, scion of the Mellon banking fortune, died on April 16 of a drug-related heart attack in Mexico, his family was unable to locate the pass code needed to retrieve his fortune — said to have been worth as much as $1 billion — in XRP cryptocurrency, according to the Daily Mail.
https://nypost.com/2018/05/26/i-accidentally-threw-away-60m-worth-of-bitcoin/
----------------------
Few tweets and replies (Follow me here @Super_Crypto)
If you do not want me to include your tweets in this space please let me know quickly before Steem is frozen in time (3 days) and I will remove your tweet (also unfollow me so I don’t do it in future).
----------------------
----------------------
----------------------
----------------------
----------------------
Interesting post but the word never and Bitcoin does not work out so well, not to be disrespectful but you sound like some familiar critics, Bitcoin has a history of proving people wrong nonetheless, this post was duly noted.... Always remember the market does not create wealth, it redistribute it, Bitcoin is the same with one difference, a fix amount would be added until all 21 million is in circulation...
Thanks. I have mentioned many times BTC is going to 1M...but for now the downtrend is REKT. Its under attack and we just need to protect ourself. This may help
https://twitter.com/Super_Crypto/status/979515826134020096
I don't really focus to much on BTC price, I more look at BTC price compared to other coins I am holding for now, I am not really worried, more focus on trying to accumulate as much as I could especially in some alts names that I like... BTC prices are determine in a 15 minute window up or down 450USD dollars, the larger the buy or sell candle the more significant with the micro timeframe... Yesterday I notice there was a 100 million dollar bid at 7K, it tell me that someone or group is gladly accumulating... There is a lot of noise, so you have to navigate yourself with precision and not run with the crowd... I am pretty sure that 100 million big could have place their orders much higher but they gladly take the knife with open arms, who knows when they decide to put a 50 million bid higher and gradual scale up the price and influence the movement of the market... The Bitmex and OkEx traders getting rekt are caught in the music, probably good to walk away from the computer for a week and see where prices are after...
Good points as always. I'll be watching the monthly close; The monthly is currently in a bull flag with descending volume. I recommend staying in cash until monthly resolves. Great article thanks for sharing your thoughts.