Bitcoin Value in a Correction Below $220

Bitcoin Value in a Correction Below $220

Bitcoin value per coin has entered yet another correction as the market shows hesitation to push the price higher. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Price Analysis. Time of analysis: 15h30 UTC. Bitfinex 15-Minute Chart. During the past three days, we have been highlighting the upside resistance in the Bitcoin price chart - shown here in the Bitfinex chart. The level slopes downward through $220 and is acting as a supply level with sellers jumping in as soon as price touches the level. Price can be seen making a....


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Quotes

Blockchain is a really disruptive development, and banks have a lot of fear concerning this technology because in the pure theory of blockchain, a lot of processes within a traditional bank would be obsolete.

Thomas F Dapp, research analyst, Deutsche Bank