10 January 2018 - Bitcoin Market update - chart looking good!

Bitcoin market update

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Carefgul in this market. Volatility is high at this moment.
Bitcoin is still consolidating and the longer the consolidation the greater a change for a break out in the long run.
The support at $12.000 level is becoming stronger.

Todays top hit the 55EMA which is a pretty good cross over indicator to scale in and out.

Real time crypto market cap 728bln.

Bitcoin Market Cap 245bln.

Bitcoin Market Share 33,7%

Short term key numbers:
$17.200 resistance
$ 13.200 support

4 hour chart

1 hour chart

Todays interesting article came dueo a tweet from Mr McAfee.

John McAfee Appears to Move Cryptocurrency Markets With a Single Tweet

Read it here: https://motherboard.vice.com/en_us/article/9knnpz/john-mcafee-twitter-coin-of-the-day-cryptocurrency-markets

disclaimer:

My post is not an advice in any proportion. Do not trade and invest with money that you can not miss. Try to act and invest as much as possible without emotions. Try tou first understand all matters before you start investing real money. into the markets. Keep it fun, light and clear for yourself. Know your limits. With that said I wish you a lot of success