Bitcoin News
By Steven Anderson
1 / 10
Bitcoin is trying to break past the bear market. Major support level for Bitcoin is seen at $3.900, and the major resistance level is seen at $4,020.
2 / 10
The MACD for the BTC/USD is placed in the bearish zone. The 4 hours RSI for BTC/USD is below the 50 levels. BTC does not have significant buying pressure.
3 / 10
There is no noteworthy buying pressure in the $4000 region. Despite sideways trading, the BTC is not bearish.
4 / 10
Per Bulkowski’s study, 60% and more of ascending triangles have declining volume. These triangles end up breaking upwards.
5 / 10
Whether the crypto winter will truly come to an end is something that can be determined when the Bitcoin comes to the end of the ascending triangle formation.
6 / 10
Bitcoin went down to the 15th place in a ranking by China out of 35 crypto assets. This ranking came as a surprise to several investors and analysts.
7 / 10
Despite strict policies for cryptocurrency trading, the Ministry of Civil Affairs (MCA) implemented their blockchain technology to track the transparency in tracking the donations.
8 / 10
When it comes to analyzing the blockchain technology, the major criterions of the CCID consisted of a natural bias towards dApps and networks that are based on scalability.
9 / 10
Therefore the ranking provided by the CCID cannot be a criterion for investors to analyze the performance and the progress of Bitcoin and several other cryptocurrencies.
10 / 10
You do not use Bitcoin to build economies and not companies.
The Currency Analytics
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