Yesterday we saw Bitcoin take a turn to the down side, but I did not expect it to go all the way to $6608… twice! Last night just before going to bed at 1130pm I checked the bitcoin price and saw it going down.
Source: coingecko.com 14 day bitcoin chart
I watched it break $7000 and then went to bed. I was hoping that $7300 would hold, but the bears were too strong. This morning I saw it went all the way to $6608. At 7pm (GMT+2) South Africa time it went down to $6610 again on Bitstamp. Crazy!
I watched 4 YT videos on bitcoin this afternoon and all of them are negative. I am not even posting it here today.
Where will Bitcoin turn or how low will it go. Was the second 6610 low a double bottom? Was that the low? The gurus think it will go lower which is depressing. But in times like these I know I need to stay positive. Bitcoin has surprised us up and down. Will it surprise us in going sideways for a long time too?
Steem Dollars followed bitcoin lower all the way down to $1.46. Currently it is at $1.59. This Coingecko.com prices.
Do you think of the current Bitcoin and Steem price? Are you still holding?
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Regards
Colin Brazendale
Email: cwb197@gmail.com
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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.