We just had a break out from $7420 to $7562. But yesterday this time we were standing at $7597. So we have mover sideways for the 24 hours and there is still no sell off to $6900. Are the bull making ready for a run up or are the bears making ready for a run down to $6900?
We are yet to for a higher low from the previous low of $6500. So far the lowest we have gone is $7298 on Bitstamp. Are we going to visit this low again or is this the new higher low? We first need to make a new higher high to see this happen.
Here is Dan from The Chart Guys with his view on the Bitcoin market:
Do you think $7298 was the new higher low? Are the bulls ready for the next bull run?
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More information about me:
I love Steemit and I have been blogging here since June 2017. I am always looking for ways to increase my Steem and SDB holding. Lately I have started trading bitcoin and altcoin using an auto trading robot. So far it is going well, and I am in profit. 😊
Most of my time is spend on internet marketing for my clients on Google Adwords, but I also love network marketing on the internet.
I have been cloud mining for the last 2 years, but stopped promoting it due to the low returns from Jan 2018.
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Proof of earnings 18 May 2018. The auto trading bot made $170.88 in the last month in down market.
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