Expected trading for today is between 10700.00 support
and 12900.00 resistance
All of us kow bitcoin investors like the concept of anonymity. Removing this is viewed by some experts as taking away the biggest dangling carrot of bitcoin.
My point of view:
Removing the concept of anonymity will have impact but will not lead the bitcoin price.
Yes it is not easy to get rid of Bitcoin, as we are still in the wild / fear zone 10700.00- 12400.00/.
But I believe Bitcoin Hodling is the way to go. Because :
The increase in transaction volume that I saw the last hours is the first indicator that more people are using this in their daily lives.
Lightning network just came online and start to remediate the slow transactions and the high fees.
Only trade if you have previous experience!
Bitcoin price now is around 11800.00 / the fear zone/ but the trend is bullish.
Technical indicators signal that buyers have the upper hand and bitcoin price might move towards 12400.00 level.
Breaching 12400.00 level and hold above it, will push the price towards 12900.00 level.
Note; Breaking 10700.00 level and hold below it will cancel the bullish wave.
Expected trading for today:
is between 10700.00 support and 12900.00 resistance.
Expected trend for today : Bullish.
I have no other option but to hold. Sadly I was one of those fomoers that bought in, in mid December 2017. Here is to a long wait, just to break even. Great analysis, hopefully it does go to the moon zone lol. Sadly the moon is where I bought in :(
Sad to hear that you BGT at high prices
You are right.. you do not have other option
Hold mate..
Breaching 12900.00 level will push the price to the buy zone / need some time/
Thanks for support
No problem. So I guess I will be waiting for a long time before it recovers to Mid December 2017 highs. I guess I should just turn my computer off for two years and take up knitting. Thanks for the insight. So depressing, I guess its an expensive lesson on FOMO
The sun will raise again..
Have a great sunday..
thanks brother, you to.
Look at price on timeline since creation... it has gone only one direction since inception. up. you will be fine if you can hold on. I had 170$ worth of Dogecoin from 2014 I'd forgotten about. it was 12,000$ in december...
wow that is a dream result. Every coin I bought - about $40,000 worth in December, will take all year to recover or more. I kept on buying at the highest of the highest being a newbie
Make sure you aren't storing it on an exchange. Keep your BTC on your PC. and back it up... I wish I hadn't given away so much of my Doge... I easily tipped away 10 times that amount on twitter tipbots... I was mining it when it was created with 6 GPU mining rig... had all kinds of it. lol! hindsight... oh well. live and learn. hold your coins!!!
I still like to give away some coins. You have to spend money to make money. I am currently mining GBX with 6 GTX 1080 ti's, I plan the hodl most of that seeing it is a Dash fork !! Best of luck
That'll heat your house... nice!!!
LOl at least my office. I noticed since its become minus 20 outside and it is so cold in my basement, I have been getting a lot better results. The colder the better I guess
That's why I don't really believe in stop losses. To engage in stop losses, you have to leave you crypto on an exchange. Stop losses is some of the dumbest advice in the world in my opinion.
Finally we fly to the moon!;)
I wish, I'm currently sitting with one foot in the grave. The moon is a long ways :(
Everything will be fine @fuckmylife You just have to wait.Everyone predicts growth after January 31.Spent will return with a profit!
I'm not looking for the moon at the moment, Id be happy with just keeping my head above ground. My father thinks I am a loser for getting involved in crypto in last Summer and is laughing at me loosing all my money in December. It would be really nice to prove him wrong and shut him up
Very good advice! Only this way avoids the risk being kicked out of the market! If you believe in Crypto (as I do so), there is no need to sell.
Best is to hold on because bitcoins future is very bright however am more bullish on steem. Have a nice week my friend. Upped-always.
Thanks for staying us updated regarding bitcoin, it is really helpful for me in day trading, keep posting nice bitcoin updates friend, Stay awesome
You can check my prediction too,
long term TA of bitcoin price
short term bitcoin price TA
here's an example:
Nice post.I respect you very much because you contribute to steemit.I will do activities like you.I would like to extend the steemit.
Nice post sir.Upvote and resteem done.
Thanks a lot for sharing and discuss
About Bitcoin.
I think this time bitcoin some things demotion .
But some time after increase bitcoin .
Thanks for sharing news feed of bitcoin .
Carry on dear...
very informative post @lordoftruth. Thanks for sharing. i like your post and following.
Good Info, Thank you
very nice post.. really bitcoin is amazing currency
Bitcoin is one of the biggest opportunities since the invention of the internet itseif....great times to be around..............................
Very good sharing, thanks for updates news share, I like your post
Thanks for sharing
i know all time your post be a very informative.i apricate your post.
thanks for sharing....
You always uploads interesting and important post sir.Thanks for sharing with us.
Thank you for your technical analysis although I love fundamental analysis more.
You are the best Steemit user that uploads the summaries of the day of the world of the Cryptocurrency, good post and a greeting from a faithful reader.
Dolphins can see with sonar. x-ray vision, multi-dimensional, all that cool stuff. They might even be aliens.
The Lightning tech is sure gonna be great addition for BTC ,Hope it gets in spike for higher gains !
mohon bantuan, ajarin saya , saya merupakan anak baru disini belum tau/ngerti bagaimana sitem kerj nya...mohon komentar
thanks for bitcoin shareing by@lordoftrut
good post dear friend
let the bullishness wins the game again :D
Thank you @lordoftruth for making a transfer to me for an upvote of 5.08% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
Any thoughts on SBD and the peg price. Should it be free to trade, or should they try to bring it down towards the peg preice?
Those who invested in bitcoin during ts ek time of 19,700 USD are now waiting and hoping for its rise and whole month of January is about to end but its price didnt rise even upto 12k. Rumours are that it will rise significantly during february. Lets wait and watch.
This post has received a 3.83 % upvote from @booster thanks to: @lordoftruth.
touched the $12K mark lets see where it will move towards
There are two options for people who bought bitcoin when the price is high is to HOLD or to Cut Loss. That is their only option. If they can wait for the price of bitcoin to go up then Hold but if they can't then they have to Cut their losses. Right now bitcoin is going sideways.
https://steemit.com/stocks/@grezsr/your-trend-is-your-friend-stock-market
quite good awesome update this is :)
I have not dared to trend because I have not really understood about it ..
Thank you for everything @lordoftruth
trading in the given range nice analysis done
@lordoftruthI guess lesson 1 to all interested in cryptos is: Don't be a momo, buy a f'n wallet.
Hi..Heard a lot of bitcoin but quite on the confusion side still..what do you reccomend to read for beginner?
Very nice