Why Bitcoin’s Triumphant $15B Market is Just Getting Started
Bitcoin has had a triumphant year this 2016 reaching a milestone market capitalization of over $15 billion during the end of December. It’s nice to mention that the digital asset has been one of the top performing currencies worldwide, beating many commodities as well. But what’s really worth pointing out is this phenomenon has happened without....
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Bitcoin’s price has broken through the top resistance line. Will the buyers have enough confidence to keep the growth trend? After a new false break through the level of $417, Bitcoin’s price has bounced off without fortifying. However, the advantage was held by the buyers and the price returned to the top point. The price has displayed fortification in the mid-day structure and a natural growth impulse followed. If the structure of the growth trend stays intact in the near future, there is a probability of the price reaching $422. The trend’s potential is not very high, because the....
A band from Ukraine – after winning the Eurovision Song Contest earlier this month – decided they would feel more triumphant by selling their trophy in order to help their native country fight the Russian invaders. The band, Kalush Orchestra — whose song Stefania was selected as the winner in Turin — stated that they generated $900,000 by auctioning […]
Liberal and leftist hypocrisy was exposed when millions took to the streets to protest Donald Trump's triumphant victory over Hillary Clinton in the recent U.S. elections. In response to the protest, Jeff Berwick, a Canadian Bitcoin enthusiast, entrepreneur, libertarian and anarcho activist, urged those who don’t want Trump as their president to quit paying taxes. Cointelegraph spoke to Jeff Berwick. Don’t Pay Taxes to Trump. Cointelegraph: You just started a movement on Facebook rallying Liberals to stop paying taxes to stop Trump. What’s your motivation? Jeff Berwick: It actually began....
Which direction will Bitcoin’s price choose? Bitcoin’s movement. After its downward trend, Bitcoin’s price stopped on March 17th-18th and a rebound started forming. This is only natural, some traders are closing their positions at the lowest points, while the buyers who expect a new upward trend, are buying bitcoins at the most profitable price. However, that price is also the most risky. There are no specific signs of a buyer’s advantage in a situation like this, and such signs are important for stable profits. That’s why the trend will most likely change at the $412 resistance. This....