Bitcoin Trend-line Reduction Zone Start Date 06-26-2019 at a Loss Rate of $1,148.33 Per Day (Update)
Starting Day 7 with the current Rally still in the Trend-Line Reduction Zone, so beware of an abrupt Downtrend that is likely to come, yet hopefully not!
Bitcoin is Currently moving down through a Trend-line Reduction Zone at a rate of $1,148.33 Per day with a new Trend-line established at $9,659.01 for a Trend-line loss of 1 Grand (Bitcoin's Actual Worth) and Bitcoin continues to progress up the Main June Trend-line at a daily increase rate of $160.14 Per day, which now continues upward at a new level that may or may not return to the previous June Trend-line, yet either way the trend-line is still moving up at the same daily rate that remains unaffected by day trading activity... When Bitcoin Peaked at $13,849.00 on June 26th, it was an ambitious attempt to recapture the Previous Trend-line from May that experienced a $3,000.00 loss after a Trend-line Reduction from approximately $9,000.00 down to $6,000.00, which started the June Trend-line that is currently moving up at an expansion rate of $160.14 per day...
Starting Day 7 with the current Rally still in the Trend-Line Reduction Zone, so beware of an abrupt Downtrend that is likely to come, yet hopefully not!
Bitcoin is Currently moving down through a Trend-line Reduction Zone at a rate of $1,148.33 Per day with a new Trend-line established at $9,659.01 for a Trend-line loss of 1 Grand (Bitcoin's Actual Worth) and Bitcoin continues to progress up the Main June Trend-line at a daily increase rate of $160.14 Per day, which now continues upward at a new level that may or may not return to the previous June Trend-line, yet either way the trend-line is still moving up at the same daily rate that remains unaffected by day trading activity... When Bitcoin Peaked at $13,849.00 on June 26th, it was an ambitious attempt to recapture the Previous Trend-line from May that experienced a $3,000.00 loss after a Trend-line Reduction from approximately $9,000.00 down to $6,000.00, which started the June Trend-line that is currently moving up at an expansion rate of $160.14 per day...