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Quick Supplemental Update on Bitcoin by workin2005

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bitcoin · @workin2005 · (edited)
$6.92
Quick Supplemental Update on Bitcoin
![Screen Shot 2018-06-15 at 6.20.45 PM.png](https://cdn.steemitimages.com/DQmbr6sL1CCknNr63LcQhWD4G9CE1R6p5iKrebioH73BGUj/Screen%20Shot%202018-06-15%20at%206.20.45%20PM.png)

This is a quick video update on Bitcoin meant to supplement my prior update. If you missed my prior analysis, I suggest watching it first. 
You'll find it here: https://steemit.com/bitcoin/@workin2005/technical-analysis-on-bitcoin-will-bitcoin-finally-break-above-the-resistance-or-crash

If you've already seen my prior update, continue to the latest video here. By the way, where I discuss "bull flags" in the video, I misspoke. I should have said "bear flags". That's what happens when you're on vacation and rushing to get down to the pool!
### Latest Video: 
https://youtu.be/bRHivDhXnMw

I apologize for the lack of pictures this time around. I had limited time, but wanted to get this out.

**BIAS:**
Short Term: Bearish
Longterm: Very Bullish


**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Thanks for stopping by.**

## **If you found this post informative, please:**
![upvote.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upvote.gif)

**If you don’t have an account on Binance, I STRONGLY recommend getting one. They’re usually the first to get reputable coins, have excellent security and second to none customer service. You can sign up here free of charge: https://www.binance.com/?ref=16878853** 


**FYI…I just started a Facebook and twitter page where I’ll post analysis, along with other relevant crypto data from myself and others. If you’d like to be notified as soon as updates reach Steemit, the twitter handle is @Workin2005 and the Facebook page is https://www.facebook.com/Workin2005/**

---
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by [Workin2005](https://mentormarket.io/blog/@workin2005)
---
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vote details (207)
@eaglet · 
How depressing, bitcoin can't catch a break, bulls are fighting bears with what appears to be too little of everything.  The wimpy response just can't sustain against the tide of short sellers.  The CBOE and CME have totally manipulated this market.  It is rekt.  September if there's anything left, might be good?
👍  
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@hectorluis · 
Very good explanatory video, hopefully end the bearish trend of bitcoin and the next few months will be recovery of the market in general.
👍  
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vote details (1)
@workin2005 · 
Thanks @hectorluis
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@pankuvirat · 
When there are ups there are downs too. This is normal. Give some time it will cross its ATH for sure.
👍  
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vote details (1)
@transcript-junky · 
Hey bud. I'm THOROUGHLY enjoying your new video posts, with your down-to-earth and concise style. You've got my DAILY upvote on these. As I've been researching and producing the BTC/BCH series (on one of my clients' account : (new one) https://steemit.com/bitcoin/@bitcoinsandgravy/trending-bitcoin-news-23-june-29th-2018 I'vee decided that there is just so much chaos/stagnation in BTC (overall) right now, and then in light of the recent rumors that China (via Bitmain) is approaching a 51% mining monopoly, I decided yesterday to sell 0.1 BTC and buy Steem (~ 450 Steem) to convert into SP and actually be able to USE to fuel my progress here on Steemit. I mean, I did after all buy most of my BTC holdings at < $2,000, so it is HEALTHY to cash in on some profit, INSTEAD of just sitting around watching the roller coaster ride of BTC. My plan is to sell my BTC as well as my BCH (which I got from the hard fork last year) ABOVE the magic number "1.0 BTC/1.0 BCH" every few months (ideally as we (hopefully) continue the long-term uptrend) and make that $$$ work for me here on Steemit. Aside from the 1.0 BTC/BCH HODL, holding on to BTC/BCH and LEARNING from market analysis (from people like you) is a SOUND investment in "human capital". Plus, YOU (and others in my network) will actually benefit from my higher upvotes ;->. An thoughts on this strategy? Keep up the great work...
👍  
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vote details (1)
@workin2005 · (edited)
$0.16
Thanks for the kind words and support @transcript-junky. You’re plan sounds solid. Looks like you’ve got a good thing going my friend. I’m very bullish on Steemit longterm. If people like you keep providing quality content, this platform will thrive.
👍  ,
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