Bitcoin Trend / 28-09-2017 / What You Know About B2X

in #bitcoin7 years ago (edited)

Bitcoin is expected to undergo a hardfork in November which will possibly result in the creation of Bitcoin SegWit2x (B2X).

B2X is basically Bitcoin with SegWit (Segregated Witness) activated and double the block size of the original Bitcoin, hence the “2x” in the name.

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 Expected trading for today is between 4000.00  support and 4400.00 resistance.  

The Trend today is Bullish..
Bitcoin can be traded like any other currency by using chart analysis..

The main difference is that the market is completely unregulated and that volatility is much higher than in most currency pairs..

If you apply proper caution when it comes to leverage, EWT, Fib lines, Channels, Support and Resistance will provide good clues to suitable entries and exit to trade..

So What Next ..

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  • Bitcoin is trading nicely above 4000.00 and reach as ecxpeted 4236.00 level and fluctuate around it..
  • EMA50 support the bullish trend..
  • Stochastic might cause some temporary sideways fluctuation..
  • The first target objective on the upside is 4980.00..
  • Breaking 3776.00 level and holding below it,
    will cancel bullish trend scenario..

Expected trading
for today is between 4000.00 support and 4400.00 resistance.
Expected trend for today: Bullish.

Source


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Bitcoin is doing exceptionally well from the pas few days, hope it continues even after the hardfork.

thank you for the great analysis..
your predictions are mostly correct
Cheers!

Hello Lord Of Truth

This post is great. Thanks for sharing! I follow you now.

If you like my Posts, just Follow me and Resteem and Upvote my Posts. @thunderland

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

this post resteemed and upvoted by @ruah from the steemitmillionaire project please upvote this comment to help me grow God bless :)

Yes...agree with you my dear friend @lordoftruth
I think today BTC have bullish trend...and I always hope and wish it...
Upvoted...
Cheers~~~~~

It does feels great to get the news of bitcoin trend from you with specific details :)
and the good news always feels great to go on :)

Nice post @lordoftruth thank you for the great analysis,upvoted and following updates...

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interesting Post......//