Usamos cookies propias y de terceros para mejorar la navegación y mostrar publicidad personalizada según su navegación. Si continua navegando consideramos que acepta nuestra política de cookies.
Register your Blog
( What is this? )
I Home I More views Today I Crypto TV I Crypto currency I Crypto Charts I xxx I xxx I Register your Blog I
 

Bitcoin Bulls Will Be Back In The Picture Once BTC Rallies Above $9,100

-
Mons News
 
Add to Flipboard Magazine. Fuente: newsbtc - View all news from this site
Bitcoin Bulls Will Be Back In The Picture Once BTC Rallies Above $9,100 Bitcoin Bulls Will Be Back In The Picture Once BTC Rallies Above $9,100

Bitcoin Bulls Will Be Back In The Picture Once BTC Rallies Above $9,100






BTC slides 2.1 percent
Bitcoin is a safe haven, a Satoshi now worth more than several fiat currencies.

Hardly surprising, a single Satoshi, the smallest unit of Bitcoin, is more valuable than several fiat currencies. Increasingly, Bitcoin is a safe refuge against inflation. As such, accompanying demand could spur demand, thrusting BTC above $9,100 towards $10,000 and beyond.
Bitcoin Price Analysis
Fundamentals
What?s encouraging is that Bitcoin (BTC) bulls are back after a bit of a hiatus. It?s a relief for traders, as well as optimistic investors, reeling from last year?s collapse. Nevertheless, that is not an endorsement of bulls. If anything ? and this being very conservative ? there must be complementing fundamental and candlestick arrangements flashing ?buy? before buyers take charge.
Meanwhile, tech companies are readying their machinery and deep pockets for this space. In other words, their crosshairs are on crypto. Facebook is leading the way, while Samsung and Apple are installing the necessary infrastructure.
The entry of Facebook and their novel project, “Libra”, as they roll out a stablecoin pegged by a basket of fiat currencies is an existential threat. Bitcoin may end up suffering. That is because Facebook will surely leverage their broad user base, mobilizing more than two billion active users to use a stablecoin.
Meanwhile, the news is that ravaging inflation in countries as Iran and Venezuela means the smallest unit of Bitcoin, Satoshi, is worth more than a single government-issued Iranian Rial and a Vietnamese Dong.
The smallest denomination of Bitcoin, a single satoshi, is now worth more than some national currencies.
0.00000001 BTC is worth more than the:
– Iranian Rial
– Vietnamese Dong
– Indonesian Rupiah
"Magic internet money" is now just "money".
— Rhythm (@Rhythmtrader) June 9, 2019

However, the list of near worthless fiat currencies, thanks to bad leadership and central bank printing, could be higher if BTC spikes to over $20,000.
Candlestick Arrangement

Currently, Bitcoin is changing hands at $7,804, dropping 2.1 percent in the last day. All the same, bears are marauding in higher time frames. At spot rates, BTC is down 4.8 percent week to date. In line with previous BTC/USD trade plan, it is crucial that prices rally and close above May 2019 high.
The level is at $9,100. Once bulls close above this mark, then traders can confidently tune entries in smaller time frames with modest targets at $10,000 and later $12,000. Meanwhile, aggressive traders can enter at spot rates with a stop limit at $7,500. $7,500 is the main support line of the $1,000 trade range where prices are oscillating in.
Technical Indicator
Optimistic, May 30th bear candlestick leads this trade plan. The bar has high trading volumes of 31k. If bulls are in control, any breakout above May high must be with an uptick in participation exceeding 31k or even 47k of May 13th.
Chart courtesy of T...
article seen
3
times, this week
Bitcoin Bulls Will Be Back In The Picture Once BTC Rallies Above $9,100 Bitcoin Bulls Will Be Back In The Picture Once BTC Rallies Above $9,100
facebook:
twitter: https://twitter.com/thermomix_club

Fuente de la noticia: newsbtc
Fecha de publicación: 11-06-2019 21:17
visto: 3

Si te gusto esta noticia puede que te interesen estas..

------------------------------------------------------------------------------------------------------------
Recommended Video section of our Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos - Watch More Videos in Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Go TO TV Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Si te gusto esta noticia puede que te interesen estas..


WATCH: The State of Security Tokens in Asia



"[Companies] think that its going to be a solution to magically raise them a bunch of money and get a bunch of liquidity,? Dalma Capital\'s Zachary Ce ...
21-09-2019 21:17

Crypto and the Latency Arms Race: Crypto Exchanges and the H



B2C2\'s Max Boonen discusses the convergence of high-frequency trading and the crypto market in the second of a three-part series. ...
21-09-2019 21:17

Report: Global Blockchain Tech Market to Surpass $16B by 202



Global Market Insights projects that the global blockchain tech market will exceed $16 billion by 2024 ...
21-09-2019 21:17

NASA Looks to Hire Data Scientist With Crypto and DLT Backgr



NASA looks to hire a data scientist with crypto and blockchain-related background, new job listing says ...
21-09-2019 21:17

Portugal Could Be a Tax Haven ? Not Only for Crypto Traders



Have you considered relocating to Portugal to enjoy tax-free crypto-trading" You may get more tax benefits than you thought ...
21-09-2019 21:17

Bitcoin Price Remains Uninspired at $10,200, Altcoins Go Int



The Bitcoin price remains largely uninspired and is once again trading sideways around the $10,200 price mark ...
21-09-2019 21:17

Upbit Exchange Delists Privacy Coins Due to Money Laundering



South Korean cryptocurrency exchange Upbit announced that it will cease trading support for certain privacy coins on Sept. 30 ...
21-09-2019 21:17

BitMEX CEO Arthur Hayes Says Traders Could Lose Weekends, Lu



According to BitMEX CEO Arthur Hayes, digital finance will change the order of the financial industry as trading happens 24/7 ...
21-09-2019 21:17

Got ID" New Projects Explore Blockchain Identity System



?For years, the digital space has been a playground for malicious actors to exploit and abuse user data.? Governments are using blockchain to put citi ...
21-09-2019 21:17

Malaysian Ministry of Education Fights Fake Degrees With Blo



The Malaysian Ministry of Education has introduced E-Skrol, a blockchain-based platform to fight forged educational certificates ...
21-09-2019 21:17

The Last of Us Part II Release Date Leaked by Swiss Retailer



Swiss retailer Softridge may have leaked the release date for Naughty Dog\'s highly anticipated PlayStation 4 exclusive The Last of Us Part II. A list ...
21-09-2019 21:17

This PlayStation Rumor Suggests Sony Is Afraid of Xbox Two



Sony?s PlayStation 4 has won the current generation of console wars hands down. The Japanese giant has crushed rival Microsoft?s Xbox One by a huge ma ...
21-09-2019 21:17

Democratic Presidential Candidate Race Effectively Down to T



The latest Emerson College poll for the 2020 California Democratic primary, conducted between Sept. 13 and Sept. 16, shows former Vice President Joe B ...
21-09-2019 21:17

Avengers Endgame Has Peaked Shared Franchises, All Downhill



"Avengers: Endgame" has topped the box office worldwide becoming the highest grossing film of all time. The Marvel Studios franchise bested "Avatar\'s ...
21-09-2019 21:17

Missouri Man Dies as the War on Vaping Rages



Interest in vaping has increased since August when politicians, regulators and the press started focusing on the fast-growing industry. All parties ha ...
21-09-2019 21:17

Maduro Mandates Petro-Financed Public Housing Scheme in Vene



Venezuelan President Nicolas Maduro has mandated that the country?s oil-backed cryptocurrency, the Petro, must be used to fund the ?Great Housing Miss ...
21-09-2019 21:17

Antonio Brown Fired by an Owner Charged with Sex Crimes



Antonio Brown is a handful. Nobody is denying that. He?s potentially much more than that. Fresh off sexual assault allegations, the New England Patrio ...
21-09-2019 21:17

Forget the IPO. WeWork Threatens the Entire Economy



On Friday, Boston Federal Reserve Bank President Eric Rosengren delivered a speech in which he pointed out a threat from co-working business models th ...
21-09-2019 21:17

Airbnb Isn't Just Any Unicorn About to IPO. It Actually



The newest stock market unicorn to announce its IPO plans is Airbnb. The short-term rental company, which has exploded in popularity over the past few ...
21-09-2019 21:17

These are the 17 Crypto Assets, Telegram Included, Coinbase



About 17 new crypto assets could soon be listed on Coinbase depending on how the technical and compliance review goes. Among the cryptocurrencies that ...
21-09-2019 21:17

Netflix Bloodbath: Why NFLX's Market Cap Plunged $12 Bi



Netflix (NLFX) stock plunged by more than 6 percent within hours after the U.S. stock market opened, wiping out $12 billion from the market capitaliza ...
21-09-2019 21:17

Facebook Kisses up to Banks as Pushback Threatens Libra Cryp



The conspicuous absence of even a single bank as a founding member of Facebook?s cryptocurrency project was never ?intentional," according to the co-c ...
21-09-2019 21:17

U.S. Treasury Yields Plunge This Week as Volatility Returns



U.S. government debt yields declined on Friday, extending their weeklong slide as investors continued to assess monetary policy and upcoming trade tal ...
21-09-2019 21:17

Billionaire Howard Marks Reveals When You Need to Fear a Rec



The U.S. stock market is near record highs, and the labor market has been growing steadily, courtesy of stable economic readings throughout 2019. Howe ...
21-09-2019 21:17

Lawsuit to Abolish BitLicense Moving to Highest NY Court



Theo Chino and his attorney Pierre Ciric have been trying to eliminate BitLicense almost since its enactment. Now they are pushing their case to The N ...
21-09-2019 21:17

‘BTC’ Is More Popular Than ‘Bitcoin’



Baidu search trends in 2019 show Chinese bitcoin interest being driven largely by price action news. Meanwhile, ?BTC? has become a more popular search ...
21-09-2019 21:17

Bankera Launches a Global Crypto Backed Lending Solution



This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is ...
21-09-2019 21:17

Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 B



Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to a ...
21-09-2019 21:17

How Cryptocurrencies Can Mitigate Some of Brexit’s Neg



Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides o ...
21-09-2019 21:17

Esports, Cannabis and BCH: First AMA With Bitcoin.com CEO St



Stefan Rust, the new CEO of Bitcoin.com, sat down to answer all your questions about his work and how furthering Bitcoin Cash adoption advances econom ...
21-09-2019 21:17

Ethereum Price in Precarious Situation, Pullback Likely; Her



After months of lull, Ethereum (ETH) has entered the consciousness of crypto traders once again, finding its legs for really the first time this year. ...
21-09-2019 21:17

Analyst: Bakkt Launch to Improve Trustworthiness of Crypto M



For the past year many participants within the crypto markets have been looking towards the official launch of Bakkt as a potential event that will on ...
21-09-2019 21:17

Cryptocurrency Entrepreneur Charged with $8.75 Million Extor



A cryptocurrency entrepreneur has been charged with extorting an unnamed, Seattle-based digital asset startup. Steven Nerayoff stands accused of threa ...
21-09-2019 21:17

High Hash Rate May Bolster Bitcoin Bulls Despite Near-Term B



After incurring a sudden influx of buying pressure that sent Bitcoin?s price surging to highs of nearly $10,500, BTC has been unable to maintain its u ...
21-09-2019 21:17

NASA Looking For Data Scientist With Cryptocurrency Experien



NASA (National Aeronautics and Space Administration) appears to be on the hunt for a data scientist who, amongst other qualities, has experience with ...
21-09-2019 21:17

Seed CX Slashes Rates as Crypto Trading Fee War Looms



Cryptocurrency exchange Seed CX has cut fees as competition piles into the profitable crypto trading space. ...
20-09-2019 21:17

CipherTrace Scout App Takes Crypto Investigations Mobile



Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past. ...
20-09-2019 21:17

CME Group Is Launching Bitcoin Options Early in 2020



Derivatives marketplace CME Group says it will offer options on its bitcoin futures contracts starting in the first quarter of next year. ...
20-09-2019 21:17

Verizon Just Won a Patent to Create Virtual SIMs on a Blockc



Telecoms conglomerate Verizon is eyeing the use of blockchain technology to underpin the dynamic creation of virtual SIM cards. ...
20-09-2019 21:17

Wells Fargo’s Stablecoin ‘Faster, Cheaper’



Wells Fargo?s innovation lead says the bank?s new digital cash for internal transfers is faster and more efficient than SWIFT.  ...
20-09-2019 21:17

 

 
Crypto currency
Crypto Charts
 


 
 

Would you like your blog and posts leave here?


 
         

Categories

Blogs most viewed last 7 days


News most viewed Today

Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss

Uber IPO Smacks Saudi Wealth Fund with $200 M...

By CCN: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in it back in 2018. Now that the ride-sharing company has finally gone public, the fund stands to be one of the... -
Report: Telegram to Launch TON Network in Q3 2019

Report: Telegram to Launch TON Network in Q3 ...

Encrypted messaging service Telegram will reportedly launch its TON network in the third quarter of this year -
Blockchain as Key to Vienna?s Digital Future ? Interview with Ulrike Huemer, CIO of Vienna, Austria

Blockchain as Key to Vienna?s Digital Future ...

For Austria, blockchain is more than just a means of crypto-trading. Ulrike Huemer, the CIO of the capital city of Vienna, gave us an in-depth look at how the country seizes the potential of the nascent technology in order to provide public services... -

More Blogs


 
- English ------------------------------
Interior Design & Decoration    
decoclub.net facebook twitter
decorationandstyle.com facebook twitter
decobuzz.net facebook twitter
Food & Recipes
elclubderecetas.com facebook twitter
yoursecretrecipes.com facebook twitter
cryptomoneymagazine.com facebook twitter
thevegetarianrecipesclub facebook twitter
Motor
motorwebs.net facebook twitter
motorchannel.net facebook twitter
Luxury
Luxuryblogs.info facebook twitter
 
 


---------------------------------------
beauty & Cosmetics    
cosmetiks.net facebook twitter
thebeautytrends.net facebook twitter
thebeautytv.com facebook twitter
beautyandcosmetics.net facebook twitter
Healt&Fitness
healthfitnesstrends.net facebook twitter
Weddings
weddingsclub.org facebook twitter
Moms & Babies
themomsmeeting.com facebook twitter
buzznewbaby.com facebook twitter
Iphone & Android
hablandodemac.net twitter
 
 
-----------------------------------------
Fashion & Style    
fashionblogsclub.com facebook twitter
Travel
yoursecrettravel.com facebook twitter
secretsofjapan.net facebook twitter
Fragrance
thefragrance.info facebook twitter
Architecture
thearchitectureclub.com facebook twitter
thearchitectureinsight.com facebook twitter
 
 
 
 
 
 
--- Español ---------------------------------
Fashion & Blogs    
Blogueras.net facebook twitter
Recetas
elclubderecetas.com facebook twitter
cryptomoneymagazine.com facebook twitter
thevegetarianrecipesclub.com facebook  
Decoracion
decoclub.net facebook twitter
decobuzz.net facebook twitter
Bodas
hablandodebodas.com twitter
Belleza
cosmetiks.net facebook twitter
elperfume.info facebook twitter
 
 

 

--------------------------------------
Motor    
motorwebs.net facebook twitter
videosdemotor.net facebook twitter
Salud
hablandodesalud.net facebook twitter
info-salud.net facebook twitter
Viajes
hablandodeviajes.com facebook twitter
secretsofjapan.net facebook twitter
TV-cine
adictoalatv.com twitter
videosdecine.info
Corazon
famoseo.org twitter
----------------------------------
Libros    
librorama.net twitter
Madres    
elclubdelasmadres.com facebook twitter
Mac Android    
hablandodemac.net facebook twitter
Lujo    
Luxuryblogs.info facebook  
clubblogueras@gmail.com