Bitcoin's Calm before the storm!!

CryptoGuru Level X³

2

November 28, 2016, 4:45 pm

11

Bitcoin's Calm before the storm!!

I see Bitcoin is starting to creep back into the 725 range which is normal before a rally. If you have been following my posts you will notice almost every time Bitcoin price rallies higher, it first falls back. I believe that the new low for Bitcoin is above 715 which means in my opinion that BTC will not drop below 715 again. Bitcoin has many old lows i have been keeping track. If i am correct this means that Bitcoin is about to find a new low of 750 or 775 in the next 3 weeks.


Lets take a look at the chart and see what it shows for the last 24 hours.



As you can see above The digital giant is showing slight uptrend. We are coming off of a sharp fall from 750 to 730 but something tells me this is just the calm before the storm. What could spark the next rally? As we know India has been coming on board in a big way They could be the deciding factor in BTC rising up passed 800. What makes me say this? Indian bitcoin exchange Unocoin has launched a new mobile wallet app. So many people use their mobile phones on a daily basis in India and all over the world and that number is expected to double in 2 years! This means more wallets and more users translating into higher Bitcoin pricing.


Would now be a good time to invest into Bitcoin? I would say if you can get it under 730 yes buy BTC before December rolls in because it could be a BIG month for the digital gold. If you are looking for a longer term investment and have alot of money now is the time to buy BTC 2017 will be the biggest year for Bitcoin that we have ever seen. Please remember to use my post only as a guide to make smart investments. You hold all responsibility for what you do with your money, and i cant be held responsible for any losses.

As always thank you for reading please don't forget to follow me and like the topic.

https://listingdock.com/user/jkeyz2

https://www.seoclerks.com/user/jkeyz2

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Lynne

Lynne

Oh nice one Jkeyz2, I hope this is going to be another huge rally like you predict. It will be so cool to watch and keep track of it.

Keep us updated with all the Bitcoin news like you have been!

0 8 years ago

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CryptoGuru

CryptoGuru

For sure i share that excitement with you for sure! The rally is happening now just a few days after i posted this lol! If people are following me they are making money on BTC rite now and i haven't even charged one dime. Check it out the price is rising as we speak!

0 8 years ago

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hitmeasap

hitmeasap

If people are following me they are making money on BTC rite now and i haven't even charged one dime.

Perhaps that's something you should do in the future jkeyz2. With predictions like this, you should definitely be able to charge people some sort of fee.

0 8 years ago

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Cristian

Cristian

I really curious how bitcoin will evolve over the course of 2017. Going beyond 1000 bucks and holding its ground at that level will be really something. I also believe 2017 will be a turning point in the world's economy, I really do, I only hope it won't take a turn for the worst.

Watching the markets closely for a year now and everyone is ready for a change, maybe that change will be crypto currency.

0 8 years ago

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CryptoGuru

CryptoGuru

2017 will be a HUGE year for crypto currency and it all begins with the fiat currencies continuing to fall. We need a US economy crash to happen and it will happen in 2017 or not many years after. That will push Bitcoin into the 2000 dollar range. You mention it going up to 1000 and staying above that would really be something. Did you know that by 2020 BTC is expected to be over 5000 dollars per one coin? Not only is it expected to hit that price but its expected to stay above that price 5000 being the norm price.

Don't be surprised if i freaking quit Seoclerks or raise my prices beyond what is normal lol! If i become successful and i mean 6 figures 7 figures successful i would like to help as many people as i can to make the rite investments into crypto currency. I have high hopes for my future and i just hope i can pull it off because i have no retirement plan and no 401K.

0 8 years ago

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Barida

Barida

I don't really understand how most of these cryptocurrencies work. I mean I have tried to learn more about them, but it seems a huge task for me at the moment that I'm feeling like I really need a mentor on this as soon as I can.

0 7 years ago

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augusta

augusta

I'm really looking at trading with bitcoin, it like this is the right time because as at now bitcoin price is very high and if one can invest in it now, much money can be made.I only try to understand Bitcoin but for others, I don't know about them.I'm still reading up to acquaint myself with them.

0 7 years ago

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Corzhens

Corzhens

Like you, I also have questions about crypto currency. My first question is the creation of such and the control. It is an invention like the so called “multi-level marketing” that you can sell anything as long as you can recruit people who would believe in your invisible product. That’s how I see the Bitcoin that it is an invisible commodity that is being sold and there are buyers. Of course, the value is dictated by the law of supply and demand.

0 6 years ago

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