Yesterday we had a very nice bounce from $7356 to $8401 and then a small pull back to $8283. This morning we are at $8518 and the chart is pointing up. This is very welcome after last weeks dump, but is this bounce enough to change the trend?
What many commentators on YT say I that we need to see higher highs and lower lows all the way above $10000 to break the bear trend. I expect that we will see some profit taking, but this will hopefully make a higher low before we make the next higher high above $8686, which is yesterday’s high.
I watched Haejin Lee’s update and Dan from the chart Guys and it looks very positive. Look at Haejin’s long term view in his video below. It looks GREAT!
Here is the short term update from the Chart Guys:
Here is the long term update from Haejin Lee:
Do you think this is the start of the new BULL run on Bitcoin?
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May the new BUll run begin. YES!
Looks like we will have to wait a little longer. Bitcoin fell to $8443 this morning
Ono!
I hope it goes above $10000, then things could stabilize a little for the future.
I agree 100% we need a stable bitcoin
Yes and stable SBD price too. Or up and stable. :)
i like your post, i will resteem your post
Wow, thank you very much @mellissa93
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Good post
Thank you :)
^^
You got a 26.32% upvote from @bid4joy courtesy of @colinbrazendale!
Good upvote bot
Great post!
Thanks for tasting the eden!
I agree with that one
You got a 45.45% upvote from @upyou thanks to @colinbrazendale! Send at least 0.1SBD or 0.1STEEM to get upvote for next round.
Thank you for your upyou vote
Wow greate article!
Thanks for using the @postdoctor service!
Thank you Doc :)
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I was like really when I saw the it moving this morning. I think other cryptos will do well in the coming months such us EOS, CARDANO, GOLOS and others.
Yes, but this recovery is taking longer than I thought?
Too long. :(
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Bought at 8k, waiting for moon
That is a great price. You got in very low.