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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

BTC Update

BY: @supsnehal | CREATED: April 16, 2019, 3:17 p.m. | VOTES: 37 | PAYOUT: $0.93 | [ VOTE ]

The current price of Bitcoin has been hovering between $5000-$5200 . It does seem that the price is consolidating from the last pull-back.BTC price seems to have stabilized in the current price level despite the momentary drop below $5000 (in chart below ), proving that $5000 is beginning to look like a support level.

IT would be a good idea yo have short-hedge positions around the $5200 level. This is based on the fact that BTC has been rejected several times near 5200..Increasing alt exposure seems like a good idea as there seem to be some coins that are prime to shoot up after the recent pullback.

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If this post is older than 7 days, please support by upvoting my latest post [IMAGE: https://steemitimages.com/DQmYqZ34zcjGcetB5sFZ6Sac73wG9G2yhopib2AY1og3i1k/icon.png]latest post [IMAGE: https://steemitimages.com/DQmRcpNrRJELxztq1EsDVbSNK3Py3Y8St9SpqYs7xhyV2n8/image.png] latest post

TAGS: [ #cryptocurrency ] [ #ocd-resteem ] [ #steemit ] [ #bitcoin ] [ #steem ]

Replies

@upvotebank | April 16, 2019, 3:57 p.m. | Votes: 0 | [ VOTE ]
UpvoteBank Your upvote bank [IMAGE: https://steemitimages.com/DQmfDxvv4NLs3knYT7B2mHgE5ArnkheNmDSLydKKTfBwokj/__2.jpg] This post have been upvoted by the @UpvoteBank service. Want to know more and receive "free" upvotes click here
@minnowsupport | April 16, 2019, 10:15 p.m. | Votes: 0 | [ VOTE ]

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by supsnehal from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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@curationkiwi | April 17, 2019, 9:04 p.m. | Votes: 0 | [ VOTE ]

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