Connect with us

The Online Technology

Trading in the new bitcoin futures began just after 8 p.m. EDT, with the first trade at $10,115.00. : CryptoCurrency


Crypto Currency

Trading in the new bitcoin futures began just after 8 p.m. EDT, with the first trade at $10,115.00. : CryptoCurrency

[ad_1]

After the launch of the Bakkt monthly futures market the Bitcoin price still remains in a low volatility state. The apex of what many would dub a symmetrical triangle classical chart pattern is nearing an end and should resolve in the next week or two. The move away from this consolidation pattern is likely to be violent.

Real Life. Real News. Real Voices

Help us tell more of the stories that matter

Become a founding member

Unfortunately it is difficult to predict the direction of these patterns due to their symmetry, yet, we can keep a bullish bias due to the trend before it and the similar situation that occurred after the bear market in 2015.

[ad_2]

Source link

Subscribe to the newsletter news

We hate SPAM and promise to keep your email address safe

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

To Top