How Low Can Bitcoin Go? Charts Hint $11k in Play
Omkar Godbole
Coindesk December 20, 20174 Comments
As per CoinDesk's Bitcoin Price Index, the cryptocurrency was last seen trading at $17,000, down from the record high of $19,783 set on Dec. 17. Overall, bitcoin has depreciated by 4 percent in the last 24 hours, according to data source CoinMarketCap, but it's perhaps the movement behind that figure that's most notable.
Bitcoin's 24-hour trading volume has jumped above $19 billion – its highest since Dec. 8. The high volume sell-off indicates strong hands are at play and price weakness could extend over the coming weekend.
The question now is, how low can bitcoin go?
The price chart analysis indicates the sell-off could run out of steam around $11,000 levels.
it touched $12000
wow, you seem enough on your own.... did you took delegation? i requested for some they couldn't be filled
invested some fund.
I delegated my SP to work for me. That is easy rather running after up-votes.
oh.... thanks for upvoting the comment...
I want to delegate 1200 SP , the rate is 1.48 SP per day (10.36 SP per week). You have to pay immediately I send the delegation. Weekly in advance. At the start of the week. Like house rent. This is the rate I am delegating to others.
wow, thats a nice offer... but i don't think i can afford it... thanks for offering...
OK man, I aleady delegated to some with better rate.
:)
Ya sheikh ! @mohammedfelahi
You predicted quite well a month ago..
Followed you .
Hope u ll follow back and have a look on my work
Wow man came back again felling happy.
I gave you some free upvotes.
Are u happy ?
Yes sir feeling so happy.chacked you wall many times before to see your activity that when you will came.now its ok.
really informative.anyway thanks for share it with us @mohammedfelahi
trying to understanding the market.
thanks for your compliment @mohammedfelahi
No one knows where it will go but i know i will rather have my money in etherss
Thank you very much for sharing the topic with us @mohammedfelahi
감사합니다^^
Hello @mohammedfelahi my friend I want to take sp on deligation
Are you available on doscort so that I can contact you.
@mohammedfelahi bitcoin's low water mark was $178 in 2015
I LOVE THIS POST.
Please upvote me