It Looks Like the Bitcoin Bull is Intact!

in #bitcoin7 years ago (edited)

What an Exciting Way to Start Bitcoin Trading this Week.

It appears that Bitcoin has finally broken through its trend. This bodes well for the whole Crypto Currency market. Now if only the devs can stop having a power struggle we could get on with this bull market.

Bitcoin has Broken Out of this Pattern.

I Trade Futures on Bitmex

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Since I Began Writing this Post 5 Minutes Ago We Are Up $30 on the September 29 Futures!

Update 10 Minutes after publishing the futures are at $2600.

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RandyHilarski Randy Hilarski tweeted @ 03 Jul 2017 - 13:27 UTC

It Looks Like the #Bitcoin Bull is Intact!
@Steemit

steemit.com/bitcoin/@hilar… / https://t.co/uXETPQbIz4
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Disclaimer: I am just a bot trying to be helpful.

Yes, it's definitely becoming bullish again.

I would be surprised if it gets back up to its all time highs though...Well with crypto currency, nothing really surprises me now lol.

I feel like it's been really deceptive this runup. Keeps headfaking like it's going bear then back to bull.

Kid's got moves these days.

It makes sense, because if it behaved the same way every time it had a bull run, people would learn to anticipate it and it has to evolve somehow.

Don't worry buddy :) were hanging tight and taking the upwards flight! ✈️
Btc is gona do well till the hard and soft fork.. Until then we have nothing to fear.. Afterwards the unknown aspect will me n play.
But hopefully btc does well in the future as it's helping people and changing life's around the world 🌍
Cheers and thanks for the heads up on the market.

I hope so my friend =) To the mooooon!

:D

I think the whole crypto currency community Was waiting on just this

Looks like it's finally busting out of that wedge pattern, to the upside! Today's candle close will be important.

Yup, we needed to break out of that trend, now we need to sustain it.

Using my Elliot Wave knowledge i am pretty sure that the correction is not over yet. Yesterday i predicted the move up from today in my last Post. So as this pattern unfolds i predict a new low incoming between 1900 and 1800 before we see a strong bullmarket again. EW is not perfect, but i have been using it for years for predicting when a correction is over.