Bitshares Big Breakout: Rising Investor Interest - 1 Day Chart is Strong Bullish

in #bitshares8 years ago (edited)

Bitshares makes a strong 20% rise today as it continues on this near continuous 2-month bull market.

Many of the other Azure coins have popped in recent weeks and it's Bitshare's turn as it continues to plod along in terms on Bitcoin.

The value has nearly doubled in just a short 8 week period with a possible setup for a ~x5 from the 500 satoshi range.

Looking ahead, we can look to the past fractal earlier this year:

In the coming weeks we are likely to see a large spike to over 2000 satoshis, possibly higher to 3000

Other factors will contribute as well

A falling USD value of Bitcoin in the short term will continue to contribute the rise.

STEEM and Bitshares are both conceived by the same person Daniel Larimer and they share traits, adding to Bitshares overall value simultaneously as Steemit continues to accelerate

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@CryptoNEWScoins - The Beached Whale

Jeffrey Anderson
Editor in Chief - Digital Assets News

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Yea @thebeachedwhale, nice to see we are on the same page. I most definitely think Bitshares has found its bottom and will see more upside soon, how's this for a some upside?

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Half joking, half not.

Good outlook, if we can catch a tailwind with some good BTS news that'll help

Very interesting to see others tracking the cryptocurrency fluctuations. But, isn't BitCoin the most popular online currency to date?

Nice to see BTS rising up. I hold some and I was waiting for this to happen. By the way, Syscoin also are making great things. The price will go up too.

i already bought bitshares, can someone tell me why the amount of bitshares i own is going down by itself and changes everyday?