Bitcoin Forum
September 15, 2019, 08:41:12 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2015-12-31] Bitcoin Finishes the Year with a Plus  (Read 222 times)
coinzat
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


Young but I'm not that bold


View Profile
December 31, 2015, 07:52:49 PM
 #1

- Bitcoin Finishes the Year with a Plus


Yesterday 30.12.2015 the price of Bitcoin closed at $ 425. Recall that at the beginning of the year the price of Bitcoin was $ 313. Growth for the year was 26.35%. Investors yesterday continued to take profits at the end of the year, market volatility has been low, and the price could not fall below the support level of $ 420. As we expected, the whole day yesterday the price of Bitcoin fluctuated within the corridor $ 420-$440. In the Asian session also, special adjustments are not made. We asked Bitcoin expert Tomi Hrovatin from Slovenia, when will the bullish trend resume for Bitcoin? He is a developer of HODL Tools for trading and gave this answer: “It's a holiday season and big players are at rest. Nothing significant is to be expected this year or even this week. To recover bull trend, we must first push over Main HODL SR level 449 $ (Bull Tgt 1). Only then we will see if bulls are strong enough to reach and breach Main HODL SR level 518 $ (Bull Tgt 2). If that level proves as support, we can sit back and enjoy the flight. Of course, there is always the bear side of the story. Another bounce from Main HODL SR level 406 $ (Bear Tgt 1) would still be bullish, make a nice local double bottom and create a good platform for an up move. If go lower and especially if we reach Main HODL SR level 363 $ (Bear Tgt 2), we can forget about bull market anytime soon. HODL Stick with a channel pulling up on all timeframes (1H +), supports a bullish case”.

Today 31.12.2015 , the last day of the year, we expect a continuation of the low activity of players and a sideways trend of $420-$440. With a level of support at $410. The resistance level at $450. Congratulations to our readers, a Happy New Year and we wish them every success in new investments in 2016!


Read more : http://cointelegraph.com/news/115987/bitcoin-finishes-the-year-with-a-plus
1568536872
Hero Member
*
Offline Offline

Posts: 1568536872

View Profile Personal Message (Offline)

Ignore
1568536872
Reply with quote  #2

1568536872
Report to moderator
1568536872
Hero Member
*
Offline Offline

Posts: 1568536872

View Profile Personal Message (Offline)

Ignore
1568536872
Reply with quote  #2

1568536872
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568536872
Hero Member
*
Offline Offline

Posts: 1568536872

View Profile Personal Message (Offline)

Ignore
1568536872
Reply with quote  #2

1568536872
Report to moderator
1568536872
Hero Member
*
Offline Offline

Posts: 1568536872

View Profile Personal Message (Offline)

Ignore
1568536872
Reply with quote  #2

1568536872
Report to moderator
mtnsaa
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


View Profile
December 31, 2015, 08:05:06 PM
 #2

This is encouraging and it was one of the deciding factors for me to invest in BTC, even a modest amount. I've bought at $230 just some months ago, so price volatility it's still a big problem, in this case for me it turned out perfect since I've bought at the perfect time of the year but I can understand others.

Hopefully we can see an even larger price increase for next year and we can close around $600.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!