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It as been a rocky few days for Bitcoin, as you guys know a rumor caused the market to fall almost 10%. It has since recovered about 2-3% but will it get back to the 740 number it was at before the rumor? I think we are over due for a rally Bitcoin has been pushing the high resistant all day and i think its about to erupt into a rally past 715 soon.
Last time this happen before the rumor Bitcoin shot up from 700 to 745 in the matter of one day. If you have money to invest i would say now is the time before the next rally. I have my BTC ready to go and im also invested into LTC as well. LTC price is greatly influenced by Bitcoin so when BTC goes up Litecoin goes up up. I think the Chinese are getting over the recent rumor and they are starting to trade like crazy again. If you have any questions please feel free to drop them below.
As always thank you for reading please don't forget to follow me and like the topic.
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Lynne
I am sure this is just a temporary drop, as we all know the value of oil and gold drop and rise all the time, so how would Bitcoin be any different?
Now my husband is away and I am wanting to go ahead with trading with real money on eToro... and I need his help!
Hopefully it will stay down till Wednesday when my hubby is home. Jkeyz2 yeah I saw that drop with the Bitcoin since I am monitoring it on eToro with my virtual account. I am sure this is just a temporary drop, as we all know the value of oil and gold drop and rise all the time, so how would Bitcoin be any different? Now my husband is away and I am wanting to go ahead with trading with real money on eToro... and I need his help! Hopefully it will stay down till Wednesday when my hubby is home.
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