Bitcoin Price Facing Correction Or The Beginning Of A Downtrend? by arek

View this thread on: hive.blog | peakd.com | ecency.com

steemit · @arek · Aug 1 '16 (edited)

Bitcoin Price Facing Correction Or The Beginning Of A Downtrend?

By the end of the weekend, Bitcoin’s price slightly collapsed to $624. This may be the beginning of a long downtrend if buyers stay passive while sellers are taking the initiative into their hands.

CoinIdol.com asked our cryptocurrency expert Daniel Dabek, founder of Safe Exchange and curator of Alt Coin Trading Community, to comment on the price reduction. 
“Bitcoin dropped right onto a support level. Strong buy orders are resting at $630 price across leading Bitcoin exchanges. If the price continues up from this bounce the market will have to retest the resistance at $660.” 


Whole article is here:
https://coinidol.com/bitcoin-price-correction-or-beginning-of-a-downtrend/

👍 ryansmith, lontong, arek, cire81, wojtekzb
👎 r4fken, proctologic

`author`	arek
`permlink`	2kbjow-how-to-convert-steem-dollars-into-bitcoin-via-bittrex
`category`	steemit
`json_metadata`	{"tags":["steemit","steem","money","crypto-news","news"],"links":["https://coinidol.com/bitcoin-price-correction-or-beginning-of-a-downtrend/"]}
`created`	2016-08-01 12:12:15
`last_update`	2016-08-01 16:37:09
`depth`	0
`children`	3
`last_payout`	2016-09-01 01:23:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	684
`author_reputation`	-643,484,294,077
`root_title`	"Bitcoin Price Facing Correction Or The Beginning Of A Downtrend?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	533,022
`net_rshares`	-39,305,938,706
`author_curate_reward`	""

properties (23)vote details (7)

voter	rshares	pct
proctologic	-20,546,030,474	-100%
lontong	799,351,019	100%
r4fken	-21,244,874,409	-100%
arek	270,291,631	100%
ryansmith	1,410,471,218	100%
cire81	2,513,464	100%
wojtekzb	2,338,845	0%

@msjennifer · Aug 1 '16 (edited)

Interesting post. Well done :)

👍 steemo, steema
👎 steemservices5, steemservices3, cheetah15, antispam, cheetah51

`author`	msjennifer
`permlink`	2kbjow-how-to-convert-steem-dollars-into-bitcoin-via-bittrex
`category`	steemit
`json_metadata`	""
`created`	2016-08-01 12:12:54
`last_update`	2016-08-01 16:37:48
`depth`	1
`children`	0
`last_payout`	2016-09-01 01:23:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	30
`author_reputation`	-1,468,839,175,006
`root_title`	"Bitcoin Price Facing Correction Or The Beginning Of A Downtrend?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	533,033
`net_rshares`	-505,348,574
`author_curate_reward`	""

properties (23)vote details (7)

voter	rshares	pct
steemservices3	-221,334,393	-1%
steemservices5	-258,855,468	-1%
cheetah15	-19,886,319	-20%
steemo	2,464,443	100%
antispam	-5,693,580	-2%
steema	2,458,086	100%
cheetah51	-4,501,343	-20%

@r4fken · Aug 1 '16

DOWNVOTED, this user @arek only copies existing posts. Please do not upvote.

👍 r4fken

`author`	r4fken
`permlink`	re-arek-2kbjow-how-to-convert-steem-dollars-into-bitcoin-via-bittrex-20160801t130151207z
`category`	steemit
`json_metadata`	{"tags":["steemit"],"users":["arek"]}
`created`	2016-08-01 13:01:51
`last_update`	2016-08-01 13:01:51
`depth`	1
`children`	1
`last_payout`	2016-09-01 01:23:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	76
`author_reputation`	-14,070,504,625,313
`root_title`	"Bitcoin Price Facing Correction Or The Beginning Of A Downtrend?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	533,805
`net_rshares`	18,589,287,209
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
r4fken	0 B		18,589,287,209	100%

@cybercodetwins · Aug 1 '16

really? why didn't cheetah bot get here?

properties (22)

`author`	cybercodetwins
`permlink`	re-r4fken-re-arek-2kbjow-how-to-convert-steem-dollars-into-bitcoin-via-bittrex-20160801t131245990z
`category`	steemit
`json_metadata`	{"tags":["steemit"]}
`created`	2016-08-01 13:12:48
`last_update`	2016-08-01 13:12:48
`depth`	2
`children`	0
`last_payout`	2016-09-01 01:23:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	40
`author_reputation`	2,098,733,764,293
`root_title`	"Bitcoin Price Facing Correction Or The Beginning Of A Downtrend?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	534,030
`net_rshares`	0