The Currency Analytics
By Steven Anderson
The cryptocurrency market seems to have settled down. Twitter has stated that they do not have any plan to come up with their cryptocurrency.
Jack Dorsey, the founder of Twitter, stated that they do not have any interest when it comes to creating a token. However, Mr.
Mr. Dorsey has been a vocal supporter of Bitcoin; he stated that Bitcoin, as the cryptocurrency pioneer, continues to be the "best bet" and that it qualifies as a native internet…
Dorsey has a clear insight and has his perception of what will happen with the Bitcoin in the future.
He further reinstated the resilience of Bitcoin and about how it has survived several tests by stating, "I think [Bitcoin's] the best bet because it's been the most resilient,…
He feels that several other companies might not be as lucky as Bitcoin in the current market position in terms of positioning themselves.
Bitcoin is expected to confirm a short-term bullish revival which will move above the key resistance near $11,000.
If there will be a high volume close above $10,956, the next major resistance level will be somewhere near $12,000.
When it comes to the Altseason, there likely might not be one until the Bitcoin would break the $20,000 mark.