Green Light for Crypto: Market Gets Back on Its Feet
Bitcoin, along with most of the crypto market, took a massive plunge this week that had many ring the alarm bells on ‘popped bubbles’ and ‘Bitcoin crashes.’ However, there has been a market recovery.
https://goo.gl/2GPXqZ
Bitcoin, along with most of the crypto market, took a massive plunge this week that had many ring the alarm bells on ‘popped bubbles’ and ‘Bitcoin crashes.’ However, there has been a market recovery.
https://goo.gl/2GPXqZ
Cointelegraph
Green Light for Crypto: Market Gets Back on Its Feet
The panic button was well and truly mashed, but it seems that it could well have been yet another false alarm.
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#BTCTN(Bitcoin News) : South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges https://t.co/hdWbofyQPZ #Bitcoin https://t.co/D0phLTEqOB
Bitcoin News
South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges - Bitcoin News
The South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. "It is impossible in reality," said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged…
St. Louis Fed: In Some Ways, Bitcoin Is More Robust Than Many Fiat Currencies https://bitcoinmagazine.com/articles/st-louis-fed-some-ways-bitcoin-more-robust-many-fiat-currencies/
Bitcoin Magazine
St. Louis Fed: In Some Ways, Bitcoin Is More Robust Than Many Fiat...
Even though in theory it is possible to increase the Bitcoin supply, in practice, such a change is very unlikely because a large part of the Bitcoin community would strongly oppose such an...
#BTC update
BTC did see a very nice Upward Move from 9000 Support but keep in mind that when it's getting a bounce from bottom support then those Previous Strong upper Supports like 12K, 13K would become a Resistance now so BTC needs to Pass out those Resistance which didn't happen. It tried to Break 12k Resistance but Failed, and Now Consolidating between 10800-11200 Area
Market could drop till 8000 yet if the 13k mark is not broken with big volume. If that doesn't happens in next days we expect a fast dip again in BTC and the altcoins market, so don't go all in in your trades and be aware for any kind of situation.
We Should see BTC moving up again as There is still Some Forks for BITCOIN yet to Happen!
BTC did see a very nice Upward Move from 9000 Support but keep in mind that when it's getting a bounce from bottom support then those Previous Strong upper Supports like 12K, 13K would become a Resistance now so BTC needs to Pass out those Resistance which didn't happen. It tried to Break 12k Resistance but Failed, and Now Consolidating between 10800-11200 Area
Market could drop till 8000 yet if the 13k mark is not broken with big volume. If that doesn't happens in next days we expect a fast dip again in BTC and the altcoins market, so don't go all in in your trades and be aware for any kind of situation.
We Should see BTC moving up again as There is still Some Forks for BITCOIN yet to Happen!
Forwarded from VIP CS GOLD™
🔊 KORE
Buy 48000 area
Sell 51000 - 55000 - 70000 (Long term)
Buy 48000 area
Sell 51000 - 55000 - 70000 (Long term)
#coindesk(CoinDesk) : Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses https://t.co/MrbU6ZWdz3 https://t.co/j2icA8jPWh
CoinDesk
Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses
With its recovery stalled, bitcoin needs a quick break above $12,500 or the tide may turn in favor of the bears.