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BTC/USD- Price Analysis 2.13.2018

2/13/2018

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BTC/USD

My Thoughts:
We aren't out the woods as of yet but things are looking up.  Since hitting a low of $5,873 on Feb. 6, 2018, Bitcoin has been in an uptrend (characterized by higher lows).  The real battle ground, however, would be the previous line of break-down; which is the $10,000 mark. 

We are a bit away from 10k.  But then again, in the Crypto World where no one EVER sleeps, we aren't that far off with the current price at $8,623. 

If Bitcoin can reclaim and hold $10k for any bit of an extended period, I almost feel we will be back at $20k in the blink of an eye.  For now, we watch. 

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Long live Satoshi!  Long live Crypto!

DISCLAIMER:  Nothing on this site shall be constituted as investment advice.  Cryptocurrency is a highly, note, HIGHLY speculative market.  The returns are great but so are the risks!  As with investing; I never invest with money I can not afford to lose. 
1 Comment
Home Elevators Syracuse link
9/1/2022 04:43:43 am

Thankks great post

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    Tina "ShortMeTina" Ley (pronounced Lee) holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over 10 years.  Currently a Full-Time Trader and Blogger of all things financial.


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