#BTCUSD price have marked a 6316.85 high on the 29th of October and so far is maintaining its stance reflecting a new search for a newer high. This is on top of a declining volume that has kept prices relatively high on good demand and positive market sentiments against contradicting statements made on wall street.
Price Update: At USD6571.00 As of Nov 1, 2017
Price Update: As of Oct 31, 2017
Once #BTCUSD broke the 5000k mark with a significant move; it has entered a new phase where a new higher channel have been established that serves as the 2nd channel & compartmentalize its price action in search of newer record levels. And the 6316.85 proves that point.Meanwhile, the current price at 6550 is well on its way to our projected price range nearest to 6780.
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Bitcoin Prices have hit new record levels at USD7354.10 high in early trade. The extension have allowed prices to slid back from quick profit taking as Bitcoin prices went beyond our range objective stated above.
ReplyDeleteAlthough, 8000 is just a stones throw away but we have to have the right discipline to execute and follow the trade plan on hand. The market will always be there for the taking. Currently BTCUSD is trading at 6940.00 on a corrective session.
For now, #BITCOIN registered high nearest to 8000 was marked last Nov 08, 2017 at 7888.00 when it was announced that no new upgrades would be made as previously reported.
ReplyDeleteCurrently, trading below the 6400 levels where the corrective move can be attributed to a probable 'Snow Ball Effect' post record highs.
After a whipsaw Bitcoin have marked a relatively new high at 8040 (Bitcoin: Finex)over the weekend. A true test for price swings followed well within Bitcoin and Bitcash community a common reaction for now where volatility can only be expected.
ReplyDeleteAlthough, the Bitcash still trails the classic Spot BTCUSD, it is well placed that the demand swings on both sides with investors and traders alike are battling it out for positioning especially seen when there is a substantial pullback on prices. Indeed 8000 has been marked in the Bit Finex and the rest would be taking its cue and eventually follow. Let's see how the week's prices in the market ahead would do.
BITCOIN pullback after Tether Hack marked as low as 7760 in the early session. Yet, it didn't take too long when prices shrug off the news and continued to recover still making newer highs above 8200.00. This is the type of strong market sentiments protecting Bitcoin prices and its legitimate value among other things surrounding the issue.
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