Something very strange is happening the last 6 days. One of Dan’s followers at The Chart Guys has made this graph below.
In this chart you will see that at about 10am to 11:15 Eastern Time there is a dump. That is about 4pm to 515pm South Africa time (GMT+2). Will it happen today again? Or is it BS?
Yesterday we saw a dump to $8795, but this was at 10pm my time in SA GMT+2. The turn happened above the previous 7 day low of $8416 on 9 Mar. So that is positive, but this is my new support too. If we break $8416 on Bitstamp we are going lower. :(
Here is Dan from The Chart Guys explaining Dump o Clock:
What do you think there is a Dump o Clock factor bulling down Bitcoin?
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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.