Bitcoin Report 2018.07.14 - Spikes Alert
Bitcoin has been trading between the blue lines for 8 years.
But these spikes, piercing through the lower Base Line are making me feel uncomfortable.
Especially the middle one.
As far as the last spike is concerned, Bitcoin did indeed hit 6121 on friday, but 9 hours later than projected, so it pierced through.
https://steemit.com/bitcoin/@pagandance/will-bitcoin-hit-6121-at-13-00-on-friday-the-13th
It touched the 6121 at 22:00 hours ET in stead of 13:00 hours ET.
(ps. view pics in new tab for a clear view)
I'm sure the price will cover up soon
probably and hopefully. but I think these spikes announce a general flattening of the Bitcoin curve in the future. I guess the 0.4%/day increase is not sustainable after we have reached the next ATH of 50-150K.
I hope it will recover soon.
I should wish that.
Thanks for sharing.
weekend are the real test of bitcoin