[ Trading ] Bitcoin bear break, but Bulls pull it back

@colinbrazendale · 2018-08-21 11:10 · trading

Last night we saw a break to the down side and we touched $6252 on Bitstamp. This is not what I wanted to see. I bear break below $6300. But then we saw a nice bounce to $6472, but we still cannot break $6600.

The Bulls will have to wait a bit longer now until all the bulls show up and push above $6600.

Will $6252 be the lower high? If not, we are going to test $6000 again. ☹

Here is Dan from the Chart Guys with his views.

https://www.youtube.com/watch?v=picjQSXzQ8I

Do you think we will go higher or lower from here?

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Colin Brazendale

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I love Steemit and I have been blogging here since June 2017. I am always looking for ways to increase my Steem and SDB holding. Lately I have started trading bitcoin and altcoin using an auto trading robot.

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#trading #bitcoin #cryptocurrency #investing #teamsouthafrica
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