[ Bitcoin ] Bitcoin Bulls taking a break? by colinbrazendale

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· @colinbrazendale · (edited)
$116.89
[ Bitcoin ] Bitcoin Bulls taking a break?
Bitcoin had a great run this week and run to $11284 on Bitstamp yesterday. So we did break $11 even for a short time. We then saw a double top at $11284 and then the bears came out to play.

The bears took us down all the way down to $10192 in the last 12 hours. We then saw a rebound to $10600. So it looks like the 10k level is new support.

So where are we going from here? More consolidation and then up to $11k again? The RSI was overbought at $10853 so the pullback was overdue.

Here is the latest from the Chart Guys. This was recorded 12 hours ago and Dan predicted this pull back:


https://www.youtube.com/watch?v=3lDdWTDL9zU

Tone Vays gives us a more longer term view on the bitcoin price. He also has a chart indicator that helps him decide to buy or sell bitcoin:

https://www.youtube.com/watch?v=aPRY0p8CfwA&t=6s


What do you think of the current bitcoin price? Going up or down from here?

Please give us an Upvote if you think this info was helpful. It will help my online business a lot and I hope to return the favour soon.

Thank you. :)

PS. Hot tip 1,  Remember don't upvote this post if older than 7 days, you are wasting your voting power!
PPS. Hot tip 2,  when buying upvotes, do it in the first 3 to 15 min of posting. You get 90% to 100% of curation rewards.
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Thank you for your support.

Regards

Colin Brazendale

Email: cwb197@gmail.com
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/

https://c1.staticflickr.com/5/4257/35426168145_854a30e56b_o.jpg

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.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 7 others
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vote details (71)
@darkdrake ·
I think it's a good thing BTC slows down a bit. I really don't want to see a repeat of Novembers run and then the crash.
👍  
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@davebrewer ·
Would be great for more major ups and down.  Lots of trading chances
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@conradt ·
$0.06
![download (7).jpg](https://steemitimages.com/DQmXbbgDdrPqyJrZ3iKmVCcLpWjywr75MwjePMajmaZVeH9/download%20(7).jpg)
👍  ,
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vote details (2)
@colinbrazendale ·
LOL! Love the pic @conradt
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@pjcswart · (edited)
Me Too LOL! You've got a new follower @conradt!
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@minnowvotes ·
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re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t121421054z
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@booster ·
<p>This post has received a 1.08 % upvote from @booster thanks to: @colinbrazendale.</p>
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re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t131720515z
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@pushup ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t131940003z
13.69% @pushup from @colinbrazendale
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@minnowhelper ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t132202017z
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@levitation ·
<p>This post has received a 5.66 % upvote, thanks to: @colinbrazendale.</p>
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@bid4joy ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t132722892z
You got a 4.57% upvote from @bid4joy courtesy of @colinbrazendale!
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@buildawhale ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t133551953z
You got a 3.76% upvote from @buildawhale courtesy of @colinbrazendale!
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@aksdwi ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t133726548z
This post has received a 7.29% upvote from @aksdwi thanks to: @colinbrazendale.
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@sneaky-ninja ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t134441063z
Sneaky Ninja Attack! You have been defended with a 7.89% vote... I was summoned by @colinbrazendale! I have done their bidding and now I will vanish...Whoosh
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@jerrybanfield ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t134823819z
Thank you colinbrazendale for making a transfer to me for an upvote of 6.82% on this post! 

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@nmkeur ·
On Binance we did break the 11k. Very shortlived moment.
But good signs overall!
👍  , ,
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@colinbrazendale ·
You are right @nmkeur. I made an error. We went up to $11284 on Bitstamp
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@postpromoter ·
re-colinbrazendale-bitcoin-bitcoin-bulls-taking-a-break-20180218t141531936z
You got a 1.29% upvote from @postpromoter courtesy of @colinbrazendale!

Want to promote your posts too? Check out the [Steem Bot Tracker website](https://steembottracker.com) for more info. If you would like to support the development of @postpromoter and the bot tracker please [vote for @yabapmatt for witness!](https://v2.steemconnect.com/sign/account-witness-vote?witness=yabapmatt&approve=1)
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@tomwamburi ·
bitcoin  will rise to the occasion when the time comes . in fact it has demonstrated it's capability a dozen times . Because after every stormy night , no matter how long it lasts , daytime will always break . Bulls have their way .
👍  
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@pjcswart ·
Well Said! Following YOU!
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@vhmcrypto ·
$0.06
It went over $11.2k in all exchange I've visited. Anyways, I think a slight correction happened when it dipped up to around $10,080. It's now hovering at around $10.7. If this holds, I think we're going to $11.4 - $11.6k before dipping again, then up to $12.5k if it breaches $11.6k and hold above that line.
👍  ,
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@colinbrazendale ·
You are right @vhmcrypto. I made an error. Fixed it now. Thank you for your help. :)
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@ayyub ·
thanks, good info
👍  
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@sanktnico ·
It actually broke 11K as someone already said which was pretty nice but short lived :) 

I think we are up for a major bullrun soon, we just need to have a bit more patience! Beginning of march should be around 15K.

// @sanktnico
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@bitgeek ·
comment
Congratulations @colinbrazendale, this post is the tenth most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1534 and the total pending payments to posts in this category was $13689.44. To see the full list of highest paid posts across all accounts categories, [click here](www.steemit.com/steemit/@bitgeek/payout-stats-report-for-18th-february-2018--part-i). 

If you do not wish to receive these messages in future, please reply stop to this comment.
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@redwellies ·
@colinbrazendale Congratulations!  This post has been chosen to be featured in **THE RED LAMBO PIT STOP**.  Check out the post [here https://steemit.com/redlambo/@redlambo/the-red-lambo-pit-stop-issue-9).

Keep on providing excellent content for the Steemit community and use #redlambo for another chance to be featured.   

~ @redlambo 
_"Lamboing your content to the moon!"_
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@pjcswart ·
$0.04
Love this technical analysis, thanks for your insights. So valuable!
👍  
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@skycornish ·
$0.36
Just taking a breather!  We'll be surging again soon!!
👍  
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