Bitcoin grinding steadily higher in rising wedge = good news for STEEM and EOS
BTCUSD was looking very heavy earlier today, but has now found it's footing, carving another higher low above 4000:
Pair is grinding steadily higher in a rising wedge and I'm looking for a breakout, acceleration over the coming sessions.
This is very good news for STEEM and EOS bulls, as it means recent strength is likely to continue on back of crypto-wide bullish sentiment. We had a stunning high volume reversal yesterday on STEEM on the SMT news:
Same story on EOSUSD, with price surging out of support in the mid 50s on record volume. This one's still trading in a triangle for the moment, but was trading at $1.30 when Bitcoin topped, so huge potential if sentiment has indeed recovered:
I've gotten rather aggressive on my long position now - long 1.5 tokens for every one I actually own. Stop out is 45c, but I'm looking to avoid that so will fade out if it goes to shit.
Enjoy your weekend folks, all your post rewards should be slowly ticking up as the average catches up with yesterday's rally XD
Team Aus footer by the amazing @bearone
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steem is so slow
I am looking for this to get to 10 soon
3 would be beaut :D
Thanks Bulleth
Always good - and this time some good news too 👍
Thanks wombus!
That @furious-one is a cool cat, ain't he?
lol testing out the mention extension? @furious-one is cool af, I'd let him have my babies (mainly for the EU citizenship)
cheers buddy!
Great update. Thank you very much!
I upvote follow hope you follow me back cheers 😊
Great upvoted and followed
Do you really thinkg with the upcoming hardfork bitcoin will be able to hold any momentum. I think bitcoin is doing a good job just holding it's value right now.
I'm interested to hear if there is any community support for the hardfork, or if it just something a single company decided to undertake for no reason.
Yeah I think it will be fine, support for Segwit was overwhelming the 2x is the icing on the cake :)
Columbus day Long weekend look out for the Price drop....... This is what all the ruckus is about in the ned and that will be the moment it all comes to pass .......The USA/EUROPEAN/UN etc etc same game different names........smackdown then slow recover and then Bitcoin will go above 10000.00 in the coming months after november of this year.....they live the long weekend price rise and hard smack down.........Traders beware
Like "the who" says ...come on guys don't be.....Fooled Again...just prepare and all will go well
Why is Bitcoin going to crash on the Columbus Day long weekend?
Past events predict future happenings , it may just be a flash crash....it may be a small event but somewhere within that ancient past columbus kaffufle there was bloodshed now in our modern day we are in the midst of a 'currency war' during this epic holiday weekend...so... when one knows truly ....bloodshed....has been renamed 'crypto massacre' in the latest war scenarios (hence the red on the charts) as it is the same color as blood as far as most have been taught.....anyways.....'health is wealth' .... and as it looks the hints have been dropped and so far not much has happened in a major price decline....however i do believe as we close in on the Segwit 2 ...Fork......that there will be melee within the market possibly could be the weekend after .....who knows if history books are spot on...... myself I'm going to keep ' one foot in and one foot out....and do the 'hokey pokey' with the eccentric trillonaires till after november
it will get a good upside first ...however....as we move towards this ...now
The good news is steem/btc closed the daily candle at 39k satoshi, thus establishing above the 34-35k resistance.
Yep on even more volume than the day before too :D
On a longer term, i see Bitcoin at $9,000:
