Bitcoin (BTC) Bullish so far
BTC/USD Daily Chart for March 1, 2018
Still waiting for the confirmed breakout. The price are now on the downtrend resistance, if it break through, i could see a good buying opportunity but to confirm the bullish uptrend, then wait till the price close above the key resistance.
if we fail this downtrend resistance, it could send us back down, I don't see that happening.
But anyway the market is still easily manipulated by whales. Let's see where it goes.
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´´if we fail this downtrend resistance, it could send us back down, I don't see that happening´´ Why you don´t see that happening? In my opinion it is just a 50/50% change. I do agree it is defiantly a keypoint.
I think the market has made the retracement and slowly recovering, but it could of course consolidate before it breaks up.
Very interesting to see which side it will go in the coming days.
3-0.26 8"
great explaination.
Agreed, interesting to see if we break the "crypto winter" >.<
I appreciate your post . Thank you for sharing this news . Best of luck .
Hoping you don't mind a question on this. I am still somewhat new to crypto and haven't been able to figure this out. Given the high cost of transferring Bitcoin compared to the other coins, and it seems only good as a currency compared to many of the others, why is it still the coin the others are measured by? It would seem something like Ethereum would replace it since it is cheaper, faster and has more applications from what I understand.
Any insight you can share would be greatly appreciated. I have been using Ethereum as my trading coin because of the reasons stated above and can't figure out why everyone isn't doing the same.
I think it will go down for couple of weeks and probably rise around 20% of lower key support... Correction ahead
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Amazing