CryptoNanny #BTC Bitcoin 23.02.2018

#BTC continued its decline and is now trading near the $ 9800 mark.

There is a possibility that the cue chart, like all crypto currencies, formed the "bubble blow off" scheme. This has already been two times: a fall from $ 32 to $ 2 in 2011, and a fall from $ 1175 to $ 230 in 2014.

Now 2018 and I'm guessing blowing from $ 20,000 into the $ 4000-5000 zone. Yes, there is a future for bitcoins, but realities at the moment are not the most positive. As they say, everything is cyclical. And now. The market punishes the weak and greedy players.

From a technical point of view, the trend is still downward, the trend line is not broken, and therefore further decline looks very logical.

This analysis is based on the general opinion of several analysts in the company where I work. Almost every day I plan to do a post at about 13-16.00 (GMT + 2). It is possible still separately at occurrence of different events.