Bitcoin has run from $11617 all the way down to $10343 and has just run up to $11140 in the last 24 hours. But if you look at the last 4 to 5 days we have moved sideways with no clear direction. The range is tightening, and I am still waiting for a breakout.
In yesterdays post I gave you the views of Tone Vays and Haejin Lee. They think the market is weak and that we will see a down turn soon.
Yesterday I said that The Chart Guys are expecting a big move this weekend.
In today’s video from Haejin Lee he still thinks we will see one more down wave. See his analysis here:
Watch Crypto Daily for the lighter side of Bitcoin and his view of the possible Dump or frustration of the bitcoin market:
Let me know what you think about the current bitcoin price. Are you buy, selling or holding?
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Colin Brazendale
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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.