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True Support is the most accurate way of determining support & resistance levels. The method takes into account: • Volume • Consolidation zones • Length of consolidation • Frequency of consolidation

Bitcoin has still not broken out of the major down trend line on a LOG SCALE. When it does, the natural thing for it to do would be to land back on the line to retest support. If the above scenario happens

Bitcoin can play out one of 2 ways in my opinion: If 5k support holds, then there’s a chance of continuation. If not then BTC is in trouble until the end of the year. I am personally selling 50% of my

Bitcoin to $1 million

Based on the volume, the size of the pullback, and all major support levels being held I am going to call this the bottom. There is still a case for bearish continuation but that case is less than 25%

Fibonacci projection for BTC pullbacks shows a reversal above 8.5k, MACD confirms this theory if we have a rounded fractal. If MACD starts reversing sooner then we might not even see lower than 9k. Previous

Blue line - buyer support zone Green line - bounce off support Purple line - clear trend line along support Falling back to support as predicted

BTC Elliott wave count to 50k+ Market is beginning to accumulate in rounded bottom formation as I said before. Bitcoin trendline intact, looking to buy in the 5-8k range if we fall there. ![btc dom bear

Bitcoin Elliot Wave Count to $100,000!

WTF

So you've all probably heard by now how Bitcoin can't possibly be used in real life due to it only being able to process a couple transactions per second. THAT IS TOTAL MISINFORMATION! The truth is that:

There's a lot of FOMO happening but I think it's natural and will be bought out in the short term. In the long term BTC will take back a higher % of the market share and all the ponzicoins will go to nothing.

What happens when you buy a stock? When you are trading or investing in a stock, you are actually purchasing a contract through a broker for the underlying value of the company. That broker then also has

Last BTC bull run: ADX DID 1500% ARK 550% PAY (TENX) 500% STORJ 475% TKN 400% NEO 360% OMG 300% LSK 300% STELLAR 1000% ON OWN CYCLE

Hello Steemit community. This is is my first post here. I felt compelled to write this article to inform other new investors of the inner workings of the EOS ICO. EOS ICO If you're not yet familiar, EOS