Braller
Giá lên

BTCUSD couple of observations

BITFINEX:BTCUSD   Bitcoin / Đô la
Two charts, left is the daily, to the right is the weekly. The current retraction (left) approaches the 0.786 fibonacci retracement of the huge growth of bitcoin             late last year. The point where the downtrending channel (yellow lines) meets the blue line of the longer trend (march last year) is where BTC             will seek support. And hopefully find its way back up. If not, other coins will have to start decoupling and find independent ways to find market valuation. But for now when BTC             falls, they all do.

Beyond the TA, there's a bullish case for cryptocurrencies. In countries where fiat is weak or currencies are undermined or corrupted by national governments and their cronies (such as Venezuela), cryptocurrencies offer real value, a value that will endure. In established countries, crypto offers a hedge and an alternative investment but also in places like Greece, a way out of the debt trap (which is why the ECB isn't too happy). Ethereum             , neo and other application platforms offer real value beyond being a currency. That authoritarian countries seek to ban these coins speaks for their value: they are a threat to the established order. Banks while paying lip service to the idea that crypto is dangerous are very busy examining them. Many IT people inside banks are very busy mining ethereum             . Which is a bellwether.

Nobody can read the future and Bitcoin             may not return to previous heights. It doesn't have a proposition beyond being first mover that many other currencies and tokens do have. Bitcoin's "brand recognition" still is a very large advantage and it could well be worth hundreds of thousands if not more each. We'll find out.
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Sàng lọc cổ phiếu Bộ lọc Forex Screener Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất