Ethereum Could Be the Next Apple: Steve Wozniak
Blockchain platform Ethereum could be the next Apple, one of the iconic tech company’s co-founders said this week.
According to Forbes, Steve Wozniak made this bullish prediction in front of 5,000 people at this week’s WeAreDevelopers conference in Vienna.
“Ethereum interests me because it can do things and because it’s a platform,” he said, adding that it could prove to be as influential as Apple over the long-term.
Blockchain platform Ethereum could be the next Apple, one of the iconic tech company’s co-founders said this week.
According to Forbes, Steve Wozniak made this bullish prediction in front of 5,000 people at this week’s WeAreDevelopers conference in Vienna.
“Ethereum interests me because it can do things and because it’s a platform,” he said, adding that it could prove to be as influential as Apple over the long-term.
#BTC
OUTLOOK: Neutral
Recovery from $7,925 has neutralized immediate bearish outlook
A convincing move above the inverse H&S neckline of $8,465 would open doors for $9K.
Failure to hold above $8,170 could yield a dip below $8K.
OUTLOOK: Neutral
Recovery from $7,925 has neutralized immediate bearish outlook
A convincing move above the inverse H&S neckline of $8,465 would open doors for $9K.
Failure to hold above $8,170 could yield a dip below $8K.
#BTC Daily chart shows low odds of a inverse H&S breakout
Ysday's doji candle with long upper shadow shows sellers came-in strong above the 50-day MA and potential for BTC to trade to the downside back in the direction of the Daily trend.
5,10 DMAs are biased bearish.
A close today below $8,140 would add credence to yesterday's doji and open doors for a deeper sell-off below $8K.
Ysday's doji candle with long upper shadow shows sellers came-in strong above the 50-day MA and potential for BTC to trade to the downside back in the direction of the Daily trend.
5,10 DMAs are biased bearish.
A close today below $8,140 would add credence to yesterday's doji and open doors for a deeper sell-off below $8K.
#BTC
OUTLOOK: Neutral
Inverse H&S breakout on 4hr chart
Daily chart shows doji and bullish follow-through
Indicates -ve trend is losing steam
But low volume is cause for concern
Outlook neutral between 50-day MA & 100-day MA
OUTLOOK: Neutral
Inverse H&S breakout on 4hr chart
Daily chart shows doji and bullish follow-through
Indicates -ve trend is losing steam
But low volume is cause for concern
Outlook neutral between 50-day MA & 100-day MA
#BTC hourly chart shows a bearish price RSI divergence, RSI has also breached the ascending trendline.
Could yield a drop to 200-hour MA located at $8380.
Could yield a drop to 200-hour MA located at $8380.
#BTC
OUTLOOK: Neutral
Failed inverse H&S breakout + ascending trendline breached, could drop to $8,100.
Bear grip will strengthen if BTC drops below the falling trendline support.
OUTLOOK: Neutral
Failed inverse H&S breakout + ascending trendline breached, could drop to $8,100.
Bear grip will strengthen if BTC drops below the falling trendline support.
#BTC daily chart
Bullish: 5,10DMA has bottomed out, so break above $8,408 would allow re-test of $8,644. A break higher would expose 100DMA of $8,858
Bullish: 5,10DMA has bottomed out, so break above $8,408 would allow re-test of $8,644. A break higher would expose 100DMA of $8,858
📰 A Bank In Argentina Is Now Using Bitcoin for Cross-Border Payments
Argentina's Banco Masventas has revealed that it will enable customers to send cross-border payments using bitcoin.
A partnership with Latin America-focused exchange startup Bitex, founded in 2014, the news finds the regional bank using bitcoin as a payments rail in international transactions as an alternative to Swift.
Bitex chief marking officer says this marks the first time that a domestic bank has adopted bitcoin for cross-border payments.
Argentina's Banco Masventas has revealed that it will enable customers to send cross-border payments using bitcoin.
A partnership with Latin America-focused exchange startup Bitex, founded in 2014, the news finds the regional bank using bitcoin as a payments rail in international transactions as an alternative to Swift.
Bitex chief marking officer says this marks the first time that a domestic bank has adopted bitcoin for cross-border payments.
#BTC
OUTLOOK: Bearish
Drop to $7,787 (61.8% Fib retracement) likely as bears in control after inverse H&S breakout failure and close below $8K (weakest since April 17)
5,10DMA and RSI biased bearish
OUTLOOK: Bearish
Drop to $7,787 (61.8% Fib retracement) likely as bears in control after inverse H&S breakout failure and close below $8K (weakest since April 17)
5,10DMA and RSI biased bearish
hourly chart RSI and 4-hour chart RSI shows oversold conditions.
So, #BTC will likely defend support at $7,787 - 61.8% Fib
So, #BTC will likely defend support at $7,787 - 61.8% Fib
#BTC is attempting recovery on the back of bull price-RSI divergence
But, upside is being capped by immediate resistance at $7,925 (May 18 low). A break higher would expose descending trendline, currently seen at $8,034.
But, upside is being capped by immediate resistance at $7,925 (May 18 low). A break higher would expose descending trendline, currently seen at $8,034.
#BTC
Sustained break above $7,925 remains elusive.
So, bull divergence isn't yielding a notable corrective rally, which is usually the case when bearish sentiment is strong.
Last hourly candle failed to penetrate $7,925 and current candle is reporting losses...
Sustained break above $7,925 remains elusive.
So, bull divergence isn't yielding a notable corrective rally, which is usually the case when bearish sentiment is strong.
Last hourly candle failed to penetrate $7,925 and current candle is reporting losses...
#BTC
OUTLOOK: Bearish
Close yesterday below 61.8% Fib in a convincing manner, also closed below channel support, signaling bearish breakdown.
5,10MA is biased bearish.
Could drop below $7495 (session low) and extend losses towards $7,188 (76.4% Fib).
OUTLOOK: Bearish
Close yesterday below 61.8% Fib in a convincing manner, also closed below channel support, signaling bearish breakdown.
5,10MA is biased bearish.
Could drop below $7495 (session low) and extend losses towards $7,188 (76.4% Fib).