BTC/USD- Price Analysis 2.13.2018
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.
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.