[ Bitcoin ] New Bitcoin Target, or is this a pump to go down?
bitcoin·@colinbrazendale·
0.000 HBD[ Bitcoin ] New Bitcoin Target, or is this a pump to go down?
Bitcoin was down all the way to $9809 on Bitstamp yesterday, which was not nice to see, but we are still way off the $7500 target some analyst predicts will happen soon. Or will it? If everyone sees $7500 as a new low, some will get in early and we might not see it. Do see what I am trying to say? If we know the future, we will act accordingly, and the future prediction might not happen. Currently we are making higher lows from the $9500 low this week, but this can change fast as we have seen before. I am watching Tone Vays for a longer view on Bitcoin price and he says that if this week closes at a lower weekly low, that is bearish. Tone looks at the weekly candle sticks and gives us 3 scenarios which is very interesting. Tone shows us why $9200 is key. His weekly chart is still very bearish. If we break $9200 we are going way down. But before that we might see a bounce to $11000, then all the way down. Here is Tone Vays’s latest video: https://www.youtube.com/watch?v=RJICZxRD3vc Here is the analyst of Heajin Lee for more info on Bitcoin. He is also seeing more downside: https://www.youtube.com/watch?v=9hFkgJSih-s What do you think of the current bitcoin prices? How low can we go? $7500? Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour soon. Thank you. :) PS. Hot tip 1, Remember don't upvote this post if older than 7 days, you are wasting your voting power! PPS. Hot tip 2, when buying upvotes, do it in the first 3 to 15 min of posting. You get 90% to 100% of curation rewards. PPPS. Hot Tip 3, upvote your own post in first 3 min. You will get all of it back. Thank you for your support. Regards Colin Brazendale Email: cwb197@gmail.com Facebook: https://www.facebook.com/colinbrazendalesinternet/ Youtube: https://www.youtube.com/user/czb1972/ https://c1.staticflickr.com/5/4257/35426168145_854a30e56b_o.jpg More information about me: I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.
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