Textbook Indicator Predicts Bitcoin Will Fall Back Below $20,000
The bearish warnings start flashing after Bitcoin pursued a relentless upside rally wherein its price jumped by almost 150 percent from its September nadir.
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Cosmos’s native token ATOM has surged more than 38 percent in the last five days, validating a textbook technical indicator that now predicts additional 70 percent gains for the cryptocurrency. ATOMUSD breaks out of its Falling Wedge pattern. Source: TradingView.com As shown in the chart below, ATOM/USD was trading inside a Falling Wedge pattern, confirmed […]
The cost to buy one Bitcoin unit could surpass the $26,000-level according to a textbook bullish indicator forming on its lower timeframe chart.
The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title. Textbook publisher Pearson has revealed its plans to use non-fungible tokens (NFTs) to keep track of digital textbook sales and effectively “diminish the secondary market" for its digital textbooks. According to a Bloomberg report on August 1, Pearson CEO Andy Bird wants to assign NFTs to its digital textbooks in order to keep better track of sales and capture revenue that was previously lost on the secondhand market.Bird hopes the company can....
Princeton University’s first complete draft of the Princeton Bitcoin textbook, all 308 pages of it, is now available ahead of the book that is due to be published by the Princeton University Press in 2016. The first draft of the Princeton Bitcoin textbook, is now freely available. The book is aimed at computer science students, both undergraduate and graduate, as well as advanced students and researchers, software developers, entrepreneurs and technology hobbyists alike. The book is authored by: Arvind Narayanan, an assistant professor of computer science at Princeton, Joseph Bonneau, a....
The cost to purchase one Bitcoin token can go up to $22,000 in the fourth quarter. That is possible if a textbook technical indicator plays out as it typically does. Dubbed as “Rising Wedge,” the pattern holds the history of reversing uptrends 63 percent of all times. It gets formed when an asset trades upward […]