Is Bitcoin Dead

in #mgsc6 years ago

Yes, it `s.

Yes, its dead for those who invest their money without the knowledge of investing.

Yes, its dead for those who don`t have the patience to hold their greed.

Is it really dead?

My finest answer would be a big NOOO!!!

Why is it so?

Let us take a look at whats going on in the crypto world and let us analyze the difference between today's crypto world and the crypto world which was year`s ago when only a few had known the potential of this technology.

Let`s take a look at the chart of previous years and analyze it with the current chart

screencapture-in-tradingview-chart-BTCUSD-yLtlEkjz-Holding-tight-near-key-fib-levels-2018-07-13-21_25_44.png

As you can see that the 61.8 fib level is holding tight by the market and had a sudden spike in today's market

All of which indicates that the market has a good bullish sign with extreme caution as bear can get control over it and mass selling could even end up below previous lows.

Happy trading guys

Don't invest something which you cant afford to loose.

Sort:  

Nice lets make mgsc community big together help each other

yeah we will make it for sure

Congratulations @cryptochristy! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

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!

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.037
BTC 96006.08
ETH 3568.65
USDT 1.00
SBD 3.77