Ninjastic
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Board Trading Discussion
Re: #BTC Update
by
mrcash02
on 04/03/2018, 23:23:23 UTC
Quote from: ladydark on March 04, 2018, 11:13:20 PM
Quote from: olubams on March 03, 2018, 08:35:13 PM
Quote from: amirshaf on March 03, 2018, 07:21:29 PM
#BTC Update

Well it's a good News that #BTC staying above the Resistance Line and Looks like it's on the Bullz
It needs to Stay Above 11.5K Area then we can see BTC Heading towards 11.9K to 12K Zone..
No need to worry about ALTS at the Moment b'coz Alts Session Started as we Said
ALTS and BTC Both Going Up

Thank you for the heads up and everyone can see what is currently going on but what's more important than rejoicing over this is the sustainability of the price to maintain an upward trend without which all of the recovery can be wiped out overnight that would take more time to recover. For Alts, the time the recovery is not commensurate with the increase in bitcoin for the popular ones though while the ones growing are witnessing some rapid changes.
That's really a positive sign we could see after sometime.I think that bitcoin price has got stable in the range of $11,000 and we could now even consider it as its base level.

If $11.000 has really became the new support level it's a good achievement. It gives more strength to Bitcoin resist the hard moments and gives more confidence to investors start investing heavily again. If this trend continues, we have the chance to see nice prizes that can make us remember the last wealthy months of 2017. Who knows, maybe it's the last call to $14.000-$16.000... I hope so.