Bitcoin Update 25.02.2018 (Current price $9282)

in #bitcoin7 years ago

Hello Steemians

Hope everyone doing well

Sorry I am little bit busy (out of Sydney)

My last buy call was $6900 on 05.02.2018 but the one who missed that opportunity

Now this is perfect time to buy bitcoin at $9550

Any price below $9550 will be discount price

Current price $9282

I will stand by my words what I said that

(I expect we will not see $9000 again)

I know that current price is $9282

Please everyone make his own decision

Short term target $14000

long term target 20,000 by 30 March 2018 (My prediction)

I believe that bitcoin is prepared for bullish rocket from here

SOME analysts still believe that price will see 4K or 6k.(However, I do not agree with this)

The only thing that affect TA is BAD NEWS

I expect some volume in next 24 hours that will take price over big wall $10,000.

What's next for King Bitcoin?

Compare history with Pivot Extension Strategy

at same price line $9250-$9300

121312321213.png

Blue one

50 SMA above price (Bears in control)

I expect that price will clear that in next 2 days

Black one

5 SMA just above price (Tight Fight between bulls & bears)

Red one

20 SMA still below price ( Bulls in control)

121312321213.png

Yesteraday my last buy call $9550

Because of these few factors

Key level $9550

$9463

$9300

$9231

$9074

121312321213.png

Even on 2hr chart we have some support at $9300

combine with donchain channels

MFI showing some sign of bullish bias

121312321213.png

I expect some volume in next few hours

which will take price candle above

Parabolic SAR buy

121312321213.png

I expect price will cross big wall $10,000

in next 24 hours

Next 24 hours Price Channel ($9250-$10500)

121312321213.png

Want to become a good trader?

Go through lessons (by salahuddin2004)

Lesson # 1 (Support/Resistance levels)
https://steemit.com/bitcoin/@salahuddin2004/lesson-1

Lession # 2 (Breakout/Breakdown/New Support/New Resistance)
https://steemit.com/bitcoin/@salahuddin2004/lesson-2

Top 70 Cryptocurrencies (Buying points/Target points) by me
https://steemit.com/bitcoin/@salahuddin2004/top-70-cryptocurrencies-buying-points-target-points

Don't Forget to Resteem.

Thank you.

Take care.

Sort:  

This is a guessing game. The analyses lacks the arguments, it is mostly inclined to one persons beliefs. Seems that the author is heavily invested in BTC and the desire of price pump is prevailing over the objective thinking.

BTC can easily go down below 8K again as well as it can easily go up to 14-15K.

There is no man in the world who can tell what the price will be in one month.

It is much easier to predict the price for a longterm, which is several months. Not one or two months as the authors says.

My conclusion is that this post is weak as analysis but fun to read.

Dear @photogeek
Whatever you thinks it’s your personal thinking I don’t mind it because time will tell us.
Conclusion if it’s really funny analysis then why you read it.

I didn't say it is funny. I said it is weak but fun to read.
Fun and Funny are different words with different meanings.
For example, I am having fun when I play billiards, but the game is not funny at all.

Now, why did I read your post:

  • I read lots of posts
  • When I feel comfortable to leave comments I do so

I don't have anything against you or your blog. I am expressing my opinion and thats all.

Good Luck

Well done my man.
We are still above your point 9k.

Thank you dear @asiahajranajma

Hello Salahuddin, please give us your prediction about bitcoin cash, will it go up or down in next coming days?

Hello my friend @aashraf
In coming days it will go up
My target $2800

funny today looked at the 4 hr chart and saw the pattern of the bird on the right I drew a line on the same two points and concluded that if btc forms the same symetric pattern on the right BTC now has to start rising. No idea that what I did was the pivot extension strategy. Well, I hope this bird will fly out quickly :-)
Ps very detailed for someone with little time, thank you!

Dear @buttercups
Look like you discover new pattern (bird pattern) 😀

Yeah its the big eagle...
Dear @salahuddin2004 in one of your older posts i have asked you a question about some alt coin predictions and the market cap. When you have more time will you look at it for me please. Thank you so much.

Tks for the update Salah. Things are a little bearish but I am still bullish on the mid and long term. Together we hodl!

wonderful
very nice explaine

I Trust your analysis but some big names are talking about 8800 support level

I trust my analysis & prediction sir @asifgoraya123

Thanks Sala, let's hope the bulls are gonna take over again.

It is a interesting world, I want to learn about it.

You are welcome sir @alarconr22.arte