Bitcoin, altcoins' future might depend on how CBDCs rally once launched

2020-5-24 23:30

China's DCEP has been released on a pilot basis in around four cities as of now, and by the looks of it, the project seems to be doing quite well. In a recent podcast, Lennix Lai, Director of FinanciaThe post Bitcoin, altcoins' future might depend on how CBDCs rally once launched appeared first on AMBCrypto. origin »

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$ 71567.15 (+0.39%)
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once future bitcoin rally launched cbdcs depend

once future → Результатов: 126


If Bitcoin Hits This Key Level, It’s Going to Make a Run for $40K: Tom Lee

  By CCN Markets: The bitcoin price might have slipped below $8,000 for now, but it could be headed much higher in the near future. Fundstrat Global Advisors Co-Founder Thomas Lee is willing to put it on the line for bitcoin once again, making an aggressive short-term prediction on where the cryptocurrency could be trading if it can capture enough momentum.

2019-6-9 00:30


Crypto Cheerleader Pomp Discusses Bitcoin’s Future Developments With Vision Hill’s Dan Zuller

With the crypto market once again being faced with long-term bullish prospects, investor confidence in currencies such as Bitcoin seems to rising. This is highlighted by the fact that BTC recently broke past it's all-important $5K resistance barrier— thereby pushing the overall market capitalization of the alt-asset domain over the $160 bln mark. In the […]

2019-4-3 18:58


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology.

2019-3-1 19:43


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.

2019-2-26 02:42


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months.

2019-2-20 01:38