DAILY BITCOIN FACT # 5
Bitcoin cannot be faked or duplicated! Unlike regular money, each Bitcoin has a detailed history, which makes it hard to fake or replicate.
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Bitcoin price climbed a few points higher before closing the week. Now, it looks like forming a short-term support area for more gains. Intraday Support Level can be $380. Intraday Resistance Level may be $390-95. We have been following a nice setup on the daily time frame chart for Bitcoin price. There are both positive as well as bearish signs on the daily chart and data feed from HitBTC. Looking at the bearish signs, the price is below the 100-day simple moving average which has stalled the upside move on more than 3-4 occasions. In fact, there was a spike in Bitcoin price this past....
Bitcoin is remaining at around the $230 mark. Yesterday, it was reported that the price had dropped to this amount, but today no further drop has been witnessed just yet. It's staying where it is, and considering the fact that drops have been occurring daily over the past week, staying at $230, despite the mediocrity behind such a stance, suddenly feels like a good thing. Is stabilization on the way? Could staying where it is be a sign of some sort that bitcoin is finally starting to strengthen its defense systems and make its way out of the foxhole? It's a little too early to tell,....
Thailand vs. Bitcoin. This country became the first to outlaw bitcoin. It did so in July 2013. This has not changed anything from that point and unfortunately it probably won`t for a good amount of time.
Ethereum price is showing a lot of bullish signs versus the US dollar on the daily chart, but there is a warning as well. Read in detail to know more. Key Highlights. Ethereum price moved higher recently against the US Dollar and traded above the $12.00 resistance area If we look at the daily chart of the ETH/USD, then there was a break above a bearish trend line (data feed via Kraken) of ETH/USD. The best part is the fact that the price is above the 100-day simple moving average, which is a positive sign for the long term traders. Ethereum Price – Double Top or Upside Move? Ethereum price....
The U.S Treasury Department has published a fact sheet which lays a framework for international engagement related to crypto. This fact sheet was published on Thursday. It lays out how U.S plans on working with several foreign regulators to take up matters related to the crypto industry. This fact sheet is the first report published […]