Bitcoin Price Inching Further Up - Driving The Bulls Around The Bend?
Bitcoin price inched further up earlier today to record a high of around $383. Although bitcoin price managed to break the resistance point at 00:00, which corresponded to the line of intersection between the 1 x 1 Gann angle and the 0 Fibonacci retracement level (refer to yesterday's analysis), it dropped below the 1 x 1 Gann angle a few hours after shooting above this key resistance level. Bitcoin Price Moving Parallel To the 1 x 1 Gann Angle: By examining the 1 hour (BTC/USD) charts from Bitstamp and keeping the fibonacci retracements and the Gann angles we plotted during earlier....
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This just in from Reddit, an American public museum called the Museum of the Coastal Bend has started accepting Bitcoin for donations, admissions, and at their gift store. Personally, I am surprised that an American museum is the first place that such an innovation would occur and I hope for many copycats around the world shortly. If you check the wallet, it seems that they have had four visitors/donations in the past day. I first saw this story on Reddit and found more information in a Google search. Yesterday, /u/mcbcurator announced on Reddit that the Museum of the Coastal Bend in....
Bitcoin price is up over 5% and it is trading above the $19,500 level against the US Dollar. BTC bulls seem to be aiming a new all-time high above the $20,000 resistance. Bitcoin is rising steadily and it broke a major hurdle at $19,500. The price traded as high as $19,860 and it is now […]
Bitcoin’s price is inching higher this morning following a bout of weakness seen yesterday Its present strength comes as the entire market moves higher, with bulls gaining a serious edge over the cryptocurrency’s price action Twitter activity from prominent figures like Elon Musk and others have also boosted the cryptocurrency, sending its price rocketing back towards $24,000 It remains unclear as to whether or not this will be enough to boost the crypto in the […]
We are living in a new world. As Andreas Antonopoulos put so eloquently, "now that we have crypto-currencies, it's not sovereignty that determines currency, it's currency that creates sovereignty." Bitcoin has helped declare independence for the Internet, and it appears it will continue to disrupt the status quo until that independence is recognized. If we've learned anything from P2P technology, it's that our rules bend around the tech, not the other way around. But if our rules bend around the tech, could we one day be living in a world where our borders do too? Take the concept of....