Bitcoin Deserves to Be Watched Again
It has been several days since we looked at Bitcoin. I expected it would be range-bound for several days, and so it has. But it seems that the Bitcoin arena might get exciting again soon. Both the long-term and the shorter-term setup I have been watching on the daily chart are both approaching their respective resistance arcs. And we are now very close to an energy point in time, so let’s take a look, first at the short-term daily chart: I have highlighted with blue arrows points at which the setup was able to forecast trading opportunities. Of course, it bears repeating that technical....
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Bitcoin deserves to be the dominant world currency. Unfortunately, though, resistance to change delays the widespread acceptance that Bitcoin deserves. Without the obstacles created by this reluctance, Bitcoin would surely flourish more quickly and widely. The disruptive nature of Bitcoin and the blockchain technology brings change — profound change.....
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