Finance News
By Dan Saada
1 / 12
The complicated nature of the blockchain technology that backs the cryptocurrency makes it hard for people to embrace this digital asset type.
2 / 12
It is easy for people to understand how Bitcoin or Ethereum works. While several people realize what the Bitcoin or Ethereum is, they do not have the required education to…
3 / 12
Repeat education is the only way to ensure mass adoption of cryptocurrencies.
4 / 12
Professor Sally Eaves, the CEO of Sustainable Asset Exchange explained that about 38% of the British Population did not have the required understanding of cryptocurrency;…
5 / 12
There is too much noise when it comes to dealing with different audience types. Some of them have no pre-existing knowledge, and some have biased opinions on the technology.
6 / 12
The general inability of people to understand how the cryptocurrency works can be attributed to the too many technical jargons companies uses to explain them to people.
7 / 12
Anything that goes beyond someone’s understanding would automatically turn people off. It is not easy for someone to hold on to something that they know very little or nothing…
8 / 12
In reality, the world is not losing its interest in Bitcoin or another cryptocurrency; however, it is about the complexity involved in genuinely understanding it.
9 / 12
The bulls are defending the triangle support for Bitcoin again today. The trend lines continue to move sideways inside the symmetrical triangle on the 4-hour chart.
10 / 12
The price will be forming a higher low, and the bulls are gaining traction slowly. Thus, the support is likely to hold, and the resistance is expected to break.
11 / 12
The widening gap between the moving averages will reflect the bullish momentum. The bullish momentum supports the upside break.
12 / 12
There is some selling pressure as RSI continues to be down. Therefore, until the bullish momentum returns post the oversold conditions, the price will keep hovering near the…
The Currency Analytics
Want the full story?