BTC price doesn't care about El Salvador? 5 things to watch in Bitcoin this week
News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can anything lift Bitcoin out of its range? Bitcoin (BTC) begins another week below $40,000 but with two major new landmarks under its belt.After falling over continued FUD from China over the weekend, Bitcoin adoption has also seen an unexpected first — from El Salvador and Paraguay.With the world potentially about to greet its first two “Bitcoin nations” in history, there’s plenty to be bullish about, but can BTC price action catch up?Cointelegraph takes a look at five things which....
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Here's a look at what we are focusing on in the bitcoin price this morning. There are a couple of things I’m not a fan of, and both of them are change. When I sat down at my desk this morning, however, I noticed three things. One, that my cookies had mysteriously evaporated from my Chrome browser, and that everything looked and felt slightly alien as a result. Two, that one of these alien experiences was the color of my bitcoin price trading platform. Three, that I kind of like the change, and I think I’m going to give it a shot at becoming my new normal. Probably not the sort of thing our....
Here's a look at what we are focusing on in the bitcoin price this morning. So that’s another weekend out of the way, and considering what we saw in the bitcoin price heading into the close of the week last week, things we’re relatively flat. In the second of our twice daily bitcoin price watch pieces on Friday, we noted that there looked to be plenty of volume pushing the markets throughout the day, and that this might be indicative of some weekend long volatility. As it turned out, this wasn’t the case. Things remained pretty inactive (at least, that is, from a price perspective) and we....
Venture capitalist Fred Wilson is not a hoarder of Bitcoin. He doesn't care about that aspect of Bitcoin, but rather he is interested in the promise of Bitcoin as programmable money. Now, he started buying it again after staying mostly on the sidelines for most of the past two years. He thinks that the market price of Bitcoin in the short term is driven by emotion (greed vs. fear), liquidity, technical factors, and a bunch of other things. Right now, those factors are driving down the price of Bitcoin. Last year they drove it up. He says: "I continue to believe that the thing to watch is....
An initiative in El Zonte, El Salvador is seeking bitcoin donations to help provide the community with proper dental care.
Here's a look at what we are focusing on in the bitcoin price this morning. OK then, let’s get things kicked off for w fresh week’s worth of trading in the bitcoin price. Price moved a little over the weekend, with a bit of volatility here and there serving up a few entry opportunities. That said, we didn’t really see any sustained momentum, so the trades were just scalps, at best. We should have a pretty busy week ahead if things carry through from the end of last week, so let’s get some levels in place and see where things land. As ever, take a look at the chart below to get an idea of....