Bitcoin Trend / 12-06-2017 / Evening Update/ Do Not Panick by lordoftruth

bitcoin · @lordoftruth · Jun 12 '17 (edited)

$2.20

Bitcoin Trend / 12-06-2017 / Evening Update/ Do Not Panick

Thank You For Your Support and For Honoring Me With Your Up Vote...
News & Daily Price Predictions /Evening Update

https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/DQmQn7K6JtSXm5dCp4iyAz4bz8z1ffwt7ZyHvnNDRFAKDuS/bitcoin-1.jpg

As I said im my last post:
https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-12-06-2017-midday-update
Breaking 2677.40 level will push the price to return to bearish correctional track that targets 2519.30 areas and extend to 2391.50 before any new attempt to rise.
So, 2677.40 Level was Broken,  2481 was tested, Now BTC in $2600 range. 

![ee.png](https://steemitimages.com/DQmQpRLfdue1znqx83u9VZRoURzWrqPAt335mMwuG5WGE4A/ee.png)

There is many growth and potential left. 
So we should be happy for that and not panick when there is a huge drop. 
Bitcoin’s price looks as though it just received a healthy correction and bulls have possibly pulled the elastic back once again to set up for the next spring upwards.


https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://s23.postimg.org/ggouzbb0r/follw.gif

 
Every comment, every upvote, every support is really appreciated.
Thanks For Reading,
@lordoftruth

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.
https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://4.bp.blogspot.com/-13g5Ni6idIE/VyJQ6RyS5BI/AAAAAAAAAi4/31AEVPm4z-8NImVYv6xDIMJOkCt2JtOTgCLcB/w800-h800/vOTAR.gif

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@hansen7 · Jun 12 '17

HODL!
http://i.imgur.com/a7yezHx.jpg

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@lordoftruth · Jun 13 '17

$0.11

Kill it

👍 cryptohustlin, alchemage, eileenbeach, cmtzco, reported, desmonid, jaredandanissa, bofadeez, bitcoindon23, steemorama, mrainp, eyeye, jasen.g1311, chako5555, hookersandblow, martinshkreli, btctoken

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@fataelrumy · Jun 12 '17

👍

👍 lordoftruth

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@lordoftruth · Jun 13 '17

$0.11

Victory

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@martinst · Jun 12 '17 (edited)

I am hoping that market will go dow a bit, that will give me time to load on more coins for nicer trip to promised land :) upvoted and followed!

👍 martinst, lordoftruth

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@lordoftruth · Jun 13 '17

$0.13

As you see was a correction
I hope that was usefull for you

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@meme.for.steem · Jun 12 '17 (edited)

Just a standard correction.
As the market moves up it continually becomes saturated with the stop orders of the buyers. Those orders are going to be liquidated when they outweigh the upward pressure.
People think this is the "bears" rushing in and pushing the price down.
WRONG!...it's the bulls own orders that are currently being liquidated, causing the price "correction".
A "correction" is a terribly misleading word...as though the market has a mind of it's own and is fixing itself.
No....big resistance points cause tipping...or the weight of one side of orders outdoing the other!

👍 meme.for.steem, lordoftruth, tuuth.ferri

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@lordoftruth · Jun 13 '17

$0.11

Nice reply..
Thanks for support

👍 cryptohustlin, alchemage, eileenbeach, cmtzco, reported, desmonid, jaredandanissa, bofadeez, bitcoindon23, steemorama, mrainp, eyeye, jasen.g1311, chako5555, martinshkreli, btctoken

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@jacobts · Jun 12 '17

I appreciate your perspective as I continue to learn and understand charts and trading.  Thank you Truth!

👍 lordoftruth

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
lordoftruth	0 B		375,977,920	100%

@lordoftruth · Jun 13 '17

$0.11

Happy to hear this.. all of us have to learn from others

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`author`	lordoftruth
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`category`	bitcoin
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`created`	2017-06-13 11:40:51
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properties (23)vote details (17)

voter	rshares	pct
cmtzco	3,962,493,695	100%
desmonid	2,353,956,443	100%
cryptohustlin	9,734,419,853	100%
chako5555	95,130,061	100%
jasen.g1311	120,073,959	100%
reported	3,604,467,675	100%
btctoken	70,660,867	100%
bofadeez	574,020,534	100%
bitcoindon23	239,381,662	100%
alchemage	6,365,069,947	100%
eileenbeach	5,680,697,407	100%
mrainp	184,553,095	100%
eyeye	164,120,389	100%
jaredandanissa	2,086,099,240	100%
steemorama	224,916,993	100%
hookersandblow	83,880,900	100%
martinshkreli	81,249,597	100%