ANALYZING THE BITCOIN PRICE TREND ON MAY 28, 2018
The market is in a long-term downtrend from 20,000 to now and it's very complex.
On Daily Bitcoin Price Chart, the $7300 - $7400 price range is currently broken so the price will tend to go down lower support thresholds at $6300 - $6400 and then rebound to test the $7300 - $7400 previously price range , and then continue to dip. Therefore, based on our viewpoint, we had better exchange all coins to USDT and waiting for the plunge session to make disbursements and buy into, it would be more reasonable.
Coins in the TOP COIN such as NEO, LTC, ETH, BCC will be affected and we will update the points in the next price analysis reports.
In the next time, the price of Bitcoin can be adjusted to the price range is more balanced such as $7400, $6400, $4600. So be careful when making investment decisions.
Coins mentioned in post:
My opinion, Bitcoin will soon go up $9200 on June.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by icoreviewblog from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Congratulations @investico2l! You received a personal award!
Click here to view your Board of Honor
Do not miss the last post from @steemitboard:
Congratulations @investico2l! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!