Tx 2042b25bbfef30970730e4ca35885273ef5d9e66@12051139
Included in block
12,051,139
at 2017-05-19 00:45:03 (UTC)
Raw transaction
| ref_block_num | 58,049 |
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| ref_block_prefix | 2,647,701,807 |
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| expiration | 2017-05-19 00:45:12 |
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| operations | | 0. | | 0. | comment |
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| 1. | | parent_author | "" |
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| parent_permlink | bitcoin |
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| author | ineffable |
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| permlink | bitcoin-price-pullback-seems-likely-in-near-term |
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| title | "Bitcoin Price Pullback Seems Likely in Near Term" |
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| body | "Looking carefully at the last three Bitcoin spikes, all appear to be fluctuating about a near linear curve. I don't think we are at that point yet where bitcoin is going to go truly parabolic so to speak.
Take a look at the following graph:
You can see where we have had these recent bursts upwards, followed by a pullback.
As of right now, we look to be on a significant upward movement at present, which began just a couple of weeks ago. I strongly suspect though that within the next 3 to 4 weeks, Bitcoin will have dropped back down to between US$1400 and US$1500.
The only caveat that I will give here is that if there is a significant geopolitical event within the next 3 to 4 weeks, then this might be something that does take Bitcoin on a significant upward trend, deviating from the near linear curve mean, as detailed in the first diagram.
Reasons Include:
1) Quite possibly North Korea doing its sixth nuclear test.
2) Maybe something associated with Trump.
3) Or from what I hear, there are quite a few major banks in trouble. Especially a large one in Canada. And I believe also a couple of banks in Italy are a bit dodgy.
I'm going to personally hold my nerve a bit and wait for some pullback to buy a significant amount of Bitcoin, which I do think will happen in the next couple of weeks." |
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| json_metadata | {"tags":["bitcoin","price","pullback","short","term"],"image":["https://steemitimages.com/DQmd4QppLgbGxjZ9M1t7X5wghNu7qgdoB3swJW7CcBPLJ67/BC1.gif","https://steemitimages.com/DQmPRVAU6SUyMZWLdUPsZkPDJwcYhyP84jMStdpLhmhJejB/Bc2.gif"],"app":"steemit/0.1","format":"markdown"} |
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| 1. | | 0. | vote |
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| 1. | | voter | ineffable |
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| author | ineffable |
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| permlink | bitcoin-price-pullback-seems-likely-in-near-term |
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| weight | 10,000 |
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| extensions | [] |
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| signatures | | 0. | 200497618f0ac482d75a8c8b29f9260233e6f7267e015ad5daf9baa93c5fcfd10d7c0a63d45a251cbec242cf9819f4aa0b98ded0350a8b9557ac6e666567787441 |
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| transaction_id | 2042b25bbfef30970730e4ca35885273ef5d9e66 |
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| block_num | 12,051,139 |
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| transaction_num | 1 |
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