BTC morning update 07.02.18
No count update yet, as I would like to see more price data first. But I found something interesting.
We have a volume spike in yesterdays daily volume.
The volume was higher than the volume in wave A:
While a red volume candle means more selling than buying volume, a green volume candle means more buying volume than selling. So overall volume was higher and it was more buying volume. Does this mean that the low is in? We will find out soon. But I still favor a final drop like shown in yesterdays post.
You can read about it here again if you want:
https://steemit.com/btc/@ew-and-patterns/btc-update-06-02-18
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Either way iltbe low should be either already in or out in shortly. There is blood on the streets and people are no longer talking of btc going to 500k etc but there is a lot of talk of it going to zero! I believe that the turn in trend is upon us!
gazuaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Nice volume pop there on that last green candle creating that uptrend
i think if bitcoin price over 9300 usd level then we can see begin new up trend.
SELL when people start picking lambo' colors,
BUY when everyone else is afraid to...
Assuming the fundamentals have not changed,
which they have not.
yeah i'm anticipating the same , buyers started increasing since the FUD's slowly started to perish .
That is a lot of volume for sure.
EXCELLENT INFORMATION AND CONTRIBUTION THANK YOU FOR TAKING YOUR TIME AND SHARING IT WITH ALL OF US, WHICH WE ARE AT THE PENDING TO LEARN CONSTANTLY
Great work man keep it up. Always on par with the analysis, lovin it.
Post CTFC & SEC backup the market capitalises & went though some considerable gains since last night almost all the coins shows greens after a long time.from now onwards the curves seems healthy,let's see how day goes by🤔