Latest Bitcoin Update: Check What's Coming on!

in #bitcoin7 years ago (edited)

As I have said before BTC would hit at 10k at UTC 9 a.m today.Unfortunately, it hit at 9.85k.But I expect it will hit 10.5k very soon.
The below chart of BTC has been updated to show that it has reached the resistance level and got stuck there.Although a downward trend is expected, I have found a strong local support for it.
resistance.png


Many strong bottoms also have been formed which strongly indicating an upward bullish trend.
strong bottoms.png


Before getting the bullish pattern an Elliott correction wave might be placed.Just be patient at that time.
rally.png


So after Elliott correction wave, I expect a cup and handle will be formed.This chart pattern will surely indicate a bullish reversal pattern.
download.png


I hope BTC is going to climb above 10k within a couple of days!
You can also check my previous idea Bitcoin Is Going To Hit 10.5k$ or More Within Two Weeks


Disclaimer: Everything written here is for discussion purpose only and should not be taken as advice to invest your capital.Always Speak with a professional financial planner or advisor before making any investment decision.Never make a trade based on what you see here.Your capital may be at risk in cryptocurrency trading.

Sort:  

Dear SIR @tasnim-tamanna ,First of all, thank you very much for posting so beautiful, we generally have very little idea about Bitcoin, many of us do not know Bitcoin without working with Bitcoin,

SIR was very good for your posting, because you provided the right information through which many will benefit, thank you so much for posting so beautiful and will help others by providing such information in future.

After knowing some things then bitcoin should start working,

For example: ...... Bitcoin is the sign currency traded through the Open Source Cryptographic Protocol. There are no financial institutions, regulatory bodies, or fixed houses for Bitcoin transactions. All processes of Bitcoin are completed online through an open source software or through a web site. In 2008, Satoshi Nakamoto introduced this currency system.

So if you share some things with me please do not (-upvote) please

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by tasnim-tamanna 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.

Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase https://
3. Type re
Get Featured Instantly & Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness

Hi LOVE YOUR POST MAN!!! LIKE MY POST TOO!!!!! HERE IS THE LINK: https://steemit.com/bots/@abusereports/last-minute-upvote-list-2018-05-02

Coin Marketplace

STEEM 0.23
TRX 0.22
JST 0.036
BTC 98531.65
ETH 3359.79
USDT 1.00
SBD 3.16