Crypto Whale Tales and China’s Blockchain Hype
BTC i currently trading for $9,240 per coin and the market ha an overall valuation of $166 billion today. The digital a et i down 1.44% in the la t 24 hour but it’ up +0.16% for the week.
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Криптовалютные новости и аналитика
BTC i currently trading for $9,240 per coin and the market ha an overall valuation of $166 billion today. The digital a et i down 1.44% in the la t 24 hour but it’ up +0.16% for the week.
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Down ide ha been re tricted o far by the 200-day average – a barometer of long-term market trend . A pullback typically rever e from key upport level like the 200-day MA, e pecially if volum
imilar price action wa een on the following two day and on Monday when price ro e from $9,200 to a one-week high of $9,586 but failed to beat the trendline hurdle .
Bitcoin’ (BTC) truggl
The metric ha regi tered growth of 30 percent ince eptember 2018, according to&nb p;Coin Metric &nb p;data. Even when adju ted to exclude addre e known to belong to exchange , the figure how
imilarly, BTC came clo e to te ting the MA at $9,046 during the A ian trading hour today before jumping back to high near $9,200.
Bitcoin look primed for a price bounce to $9,600, having rep
Crypto trader @Crypto_boy1 took to Twitter to&nb p; lam&nb p;Deribit for telling cu tomer that trade would not be rolled back and that they hould manage po ition accordingly.
Another fla h c
Bitcoin i fighting hard to hold on to it current trading level , but trader apparently are tarting to wonder whether or not la t week’ o-called “Xi pump” to $10,540 wa a fluke driven by Chi
Currently, miner get 12.5 BTC for every block mined. That will drop to 6.25 BTC after the halving, meaning 50 percent fewer bitcoin will be generated every 10 minute . To put it another way, th
Bitcoin i on track to end a three-month lo ing treak, having recovered from recent low around $7,400 een a week ago.
It i worth noting that&nb p; BTC wa trading &nb p;at four-month low
ea oned trader may argue that the MACD’ bulli h turn cannot be tru ted, a it i ba ed on moving average (MA ) which are lagging indicator .
The moving average convergence divergence (MACD)
The 16-percent gain een la t week i bitcoin’ ninth double-digit weekly ri e of 2019. A 26.73 percent rally een in the fir t week of April i the bigge t weekly gain of 2019 o far.
Bitcoin
The 200-day moving average (MA) i often regarded a a marker for bulli h long-term health when price are above and beari h long-term market health when price re ide below.
Bitcoin’ (BTC) 30