The Bitcoin Bottom Is Bitcoin About to Bounce and Run Up Again?

by Franco on January 23, 2018

BITCOIN CRYPTO UPDATE: The Bitcoin Bottom Is Bitcoin About to Bounce and Run Up Again?

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BITCOIN FINDS BOTTOM? Haejin Lee reviews bitcoin technical analysis, Elliot Wave Theory and fractals with bitcoin’s price action. I like watching his videos because he’s calm, methodical and explains things well. Way better investment of my time than trying to spend all day attempting to be a complete analytical drawing charts and trend lines everywhere. Time saver and good insights.

Watching Bitcoin find a support today. Many think it’s still getting ready to touch $9K but it just won’t do it or it’s taking it’s sweet time. All day around the $10Ks… Now at $10,900 and up 1.6% the past hour from right now…

WHICH ALTCOINS HAVE PERFORMED WELL DURING LATEST BITCOIN DIP?

$WTC Walton, $POWR Power Ledger, $STORJ, $GRS, $MER, $EOS, $VEN are all solid cryptos that have worked to stay GREEN during the past 24 hour dips… Good solid projects to look at there. Other strong performers have been $PIVX, $NAS, $ENG, $WABI, $MDS, $TAU.

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As of now BTC showing last 24 hours -5.6% and big market cap altcoins dipping 6-7% with it… small market cap cryptos down a bit more 8-11% or slightly more… The altcoin market is waiting on BTC to make up its mind… down to $9K then hard bounce and run… or run from here… or go sideways and drive everyone nuts lol.

We can just keep watching it’s chart.

Personally: I’ve been loading up on $FUEL, $EOS during this latest dip. Got some more BTC too in the $10Ks… I’m looking to ride BTC up to $20K in FEB and MAR after the JAN retracement month… this stuff happens every January the past 4 years.

As it rides up, I’m planning to take profits from BTC and buy $VEN if it ever dips… $WABI is also on my watch list to buy and possibly $DGB Digibyte as Exodus is already beta testing it and adding it to its wallet soon so that’ll give it more exposure and another market. It’s currently at $0.05 and has been as high as 12 cents recently.

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