Tone Vays is positive when he looks at the weekly chart from Bitstamp. The last candle stick forms a ‘’beautiful dragonfly doji’’. This normally signals that the bottom is in. But the next candle must trade above this doji. That is $8650 on Bitstamp.
Here is Tone Vays with his latest technical analysis:
The Chart Guys gives an interesting view on crypto and traditional markets. Dan is not calling the bottom, but he also says he will never call the bottom until he sees the right signals in the charts. Dan is looking for another low, but higher low and then up again.
Here is the view of Heajin Lee. He thinks we will see one round down again, but not to $6000, then way up. So that sound very positive to me.
What do you think of the current bitcoin prices?
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I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.