Reddit co-founder hoists the Bitcoin flag on Twitter amid price surge
Alexis Ohanian is the latest social media and tech personality to update his Twitter bio to read “#Bitcoin.” Reddit co-founder Alexis Ohanian has joined Twitter CEO Jack Dorsey and Tesla CEO Elon Musk in updating their Twitter bio to Bitcoin (BTC).Ohanian’s bio update seemed in response to a tweet by tech entrepreneur and former Coinbase chief technology officer Balaji Srinivasan. As part of the tweet, Srinivasan highlighted the growing appeal of Bitcoin to the likes of Musk and Dorsey calling BTC “the flag of technology.”Ok changing the bio.....#Bitcoin https://t.co/LOYYdRAfqY— Alexis....
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A bull flag pattern resembles a flag on a pole and appears when a cryptocurrency is experiencing a significant price rise. Many security price forecasters use technical analysis, sometimes referred to as charting. However, they opt to reject the efficient markets hypothesis (EMH) altogether. The efficient markets hypothesis (EMH), also called the Random Walk Theory, is the idea that current securities prices accurately reflect the information about the firm’s value. Therefore, it is impossible to make excess profits using this information, or gains that are greater than the overall market.....