The last week we have seen Bitcoin dip twice to about $8600 on Bitstamp. Many call it a double bottom but what does is mean? Is Bitcoin ready to rocket to above $10000?
On the 9 Mar we went to $8416 and then over the weekend, 11 Mar, we went to $8493. Currently we are at $9575 and it looks like Bitcoin is ready to make another big move, but is it up or down?
Here is a longer detailed video by Dan at The Chart Guys on his view on the current market shot about 11 hours ago:
Here is the view from Tone Vays shot about 5 hours ago:
On a side note, did you see the Steem price = SBD price? Very interesting, hey?
What do you think of the current bitcoin price? Is the bottom in?
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Colin Brazendale
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More information about me:
I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 19 months. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online. I believe it is more important to earn income than hold assets. That is why I recommend mining crypto and blogging on Steemit.
