Bitcoin Trend / 13 - 01 - 2018 by lordoftruth

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bitcoin · @lordoftruth · (edited)
$99.90
Bitcoin Trend / 13 - 01 - 2018
<center>![bitcoin.png](https://steemitimages.com/DQmRihgbdvK8kEE4c8FA3hW33v4z84enDz7nLeGbd2qQqn5/bitcoin.png)</center>

- Bitcoin price has managed to hold on to the critical support at 12400.00 level and might get a little bit of bullish pressure but if the price do not breach 14400.00 level and hold above it, the bullish pressure will end with an sell opportunity.

<center>
![ooo.jpeg](https://steemitimages.com/DQmdLvqUcKCfufwSAiSTqoKxVMaNPGdqq3767UfVsVdP1qy/ooo.jpeg)
</center>

- Aggressive traders look to buy on a breakout above 14400.00 level, but  If bitcoin price fails to rally above this level , it will turn down to 12400.00 level. So it’s better to wait for a 16400.00 breakout or 12400.00 breakdown before initiating any positions.

<center>![www.jpg](https://steemitimages.com/DQmUNN1fkUTfsyD4RDa61vMADWYbxfE39F1ZB4tuDYjB85j/www.jpg)
<a href="https://cdn.neow.in/news/images/uploaded/2018/01/1515690997_bitcoinsouthkorea_story.jpg">  Pic Source</a></center>

- The South Korean government has confirmed that it has no plans to ban cryptocurrency trading in the short-term. This is a major relief to the markets, which were reeling under selling pressure,  but many traders saw the recent decline as a buying opportunity.

<center>![1111111111.jpg](https://steemitimages.com/DQmXFHPuzEzXLH95eAqH8N8cEiwYbWrfPaUhZYE2YL5H4DT/1111111111.jpg)
<a href="https://247cryptonews.com/wp-content/uploads/2018/01/The-Bitcoin-Bucket-Bitcoin-KFC-Canada-cryptocurrency-Bitpay-590x350.jpg"> Pic Source</a></center>

- If you like to eat chicken tenders, waffle fries, Med Side, Med Gravy, do not miss this weekend <a href=" http://business.financialpost.com/news/retail-marketing/no-joke-kfc-canada-starts-accepting-bitcoin-for-a-bucket-of-chicken-immediately-sells-out">"KFC Canada Bitcoin Bucket"</a>  and do not forget, as monday is Martin Luther King Jr.’s birthday in America, quiet trading is expected.


<center>YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED. 
<center>![lord1.png](https://steemitimages.com/DQmf3bZc2GYHmR77EYUM86wVLL3enNVJRitLFJSSy3DjiDz/lord1.png)

<p><a href="https://steemit.com/bitcoin/@lordoftruth/fibonacci-retracement-in-trending-market"><strong> What You Know About&nbsp;--> Fibonacci Retracement in Trending Market.</strong></a> &nbsp;&nbsp;</p>

![fibo.jpeg](https://steemitimages.com/DQmbZAM93WbNsW1pZzuQKkT5FSmpacUeH6XBQRYVyWdUUuG/fibo.jpeg)

<p><a href="https://steemit.com/steemit/@lordoftruth/get-started-fast-with-steemit-for-new-steemains"><strong>If You Are New Steemain Read &nbsp;--> Get Started Fast with Steemit.</strong></a> &nbsp;&nbsp;</p>

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<p><a href="https://steemit.com/bitcoin/@lordoftruth/forex-education-center-volume-i"><strong>If You are New in Forex &nbsp;--> Read Forex Education Center / Volume I.</strong></a> &nbsp;&nbsp;&nbsp;</p>

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<p><a href="https://discordapp.com/invite/sqxV63P"><strong>If You Feel Invisible on Steemit &nbsp;--> Come and hang with us.</strong></a> &nbsp;&nbsp;</p>

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<p><a href="https://steemit.com/politics/@lordoftruth/what-you-know-about-syrian-civil-war-last-part"><strong> What You Know About&nbsp;-->  Syrian Civil War.</strong></a> &nbsp;&nbsp;</p>

![sy.jpeg](https://steemitimages.com/DQmdHPBDzWBLt9WQf9zNWHZmp4r8FXrUqNYzGd5gM6uCQWc/sy.jpeg)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 92 others
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vote details (156)
@riyad11 · 
informative post..thanks for sharing...
please procced.
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@pariza · 
Updated latest news about Cryptocurrency and bitcoin trading system. Follow and resteem. Thanks
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@noorijaz · 
you provide awesome pictures or information,i interest such of matters or post awesome shot,carry on....
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@summertooth · 
I would rather eat that coin.
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@kawsar · 
Very informative and important post...i love cryptocurrency news..thnx for share this post with us
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@pstalks · 
Great post  @lordoftruth.
Keep up the good.

I like ur username #lordoftruth
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@christinb · 
This is a very informative article
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@alhafidz · 
Thanks sir for sharing . This is amazing post
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@dontlosehope · 
Thats means crypto currency would never ban.
πŸ‘  
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vote details (1)
@journeyoflife ·
$1.92
Is this for real ? For MLK day ? Everyone panics whenever a country tries to ban it but in the end they realize they cannot live without the future of crypto that will dominate
πŸ‘  , , , ,
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vote details (5)
@lordoftruth ·
$0.05
240.000 new bitcoin accounts was opened in few hours after the decline
πŸ‘  
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@journeyoflife ·
$1.53
It’s rising past 14000 again , I like
πŸ‘  , ,
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@maya7 ·
$0.37
I also want to eat the chicken tenders, thanks for the valuable information about the hope and expectations. Good luck to you too for the chicken.
πŸ‘  
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vote details (1)
@lordoftruth · 
Thanks..
Have a great weelend..
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@emonrahman · 
Wow.
Great information. I really did not know about this information before.
tHanks for sharing it.  @lordoftruth
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@vnyrox · 
If bitcoin were to breach that level once again, the critical question would become whether investors would step in to buy the dip or it would lead to further liquidation. @lordoftruth
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@sizuka · 
![DQmSxhCU6hn88Pm21KL88hdscDEyYbALofjap57LYyuybkU.gif](https://steemitimages.com/DQmSxhCU6hn88Pm21KL88hdscDEyYbALofjap57LYyuybkU/DQmSxhCU6hn88Pm21KL88hdscDEyYbALofjap57LYyuybkU.gif)
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@walys · 
extraordinary analysis. thanks for the analysis is very useful for me. thank you as big as ever
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@joendegz · 
the market recovery has been goo for all coins including bitcoin, can it break the 14000 resistance is another thing, it would have been detrimental if the South Korean government would have ban cryptos. their was a petition by the citizen with more than 250000 people signing to stop the ban , i think that was why the government had to come out to quell any anxiety
πŸ‘  
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@old-guy-photos · 
Hopefully they will seek to regulate and not ban it.
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@cbeep · 
I'm scared what if BTC come under crash zone .

But also happy that wen can now eat cryptens(crypto+chicken)πŸ˜‰πŸ˜‰πŸ΄πŸ΄
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@jordanlove · 
how do i  get a bitcoin account?
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@roji.abraham · (edited)
@lordoftruth ....Going by the past month's charts on bittrex for BTC, 12400 does look a strong support level , but the resistance looks a bit higher at 17300 mark (it dangled around it for almost 3 days).. so imho, I believe the buy zone should be above 17500 and wouldn't enter till btc reaches that level...  

![btc.png](https://steemitimages.com/DQmaRShbwVDwR1gTJzXivLxjZGG8MQ5Q9fY3msjytyK5eHW/btc.png)

Thank you for your insights.
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@blazing · 
kfc its finger licking good hahah but no bitcoin transactions please that fees is insane
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@hafez · 
Thanks sir for sharing, this is a very informative article.
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@durgaani · 
@lordoftruth...yeah. bro  i am also waiting for tge raise of btc prices.. from last few days onwords the prices get fall down and bad market running on the market cap ..every one who want to sell their coins get more suffer about this coins prices..after the sudden raise of the bitcoin 1 month back after that price is not reach more upto that value... any way i  hope that definatley price will grow high in future..
πŸ‘  
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vote details (1)
@booster · 
<p>This post has received a 7.80 % upvote from @booster thanks to: @lordoftruth.</p>
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@hafizawais · 
Sir your artical is helpful for me
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@sharifulislamm · 
That very informative content
keep it up
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@cityslicker · 
some good news coming from crypto and bitcoin point of view
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@rohit12123 · 
Informative post.Thanks for sharing it
πŸ‘  
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@silvia · 
Thanks for the information, I can only support you because I do not understand about bitcoin ..
Thanks for sharing @lordoftruth
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@raihan12123 · 
Extraordinary analysis. Thanks for sharing it
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@starboye · 
still rallying up and down breakthrough is needed
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@charles1 · 
Very good analysis my friend...buy low and hold for long term is a good strategy for great coins. 
I am currenty supporting a new minnow via my latest post in order to motivate her not to give up..feel free to check it out and send in your support...wish you a blessed weekend.
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@cutiepie · 
i am holding right now
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