Bitcoin’s Hurdles Getting Back to $7K

Bitcoin’s Hurdles Getting Back to $7K
фото показано с : bitcoints.com

2018-7-17 00:37

So, while the bulls may feel emboldened by a possible inverse head-and-shoulders breakout, they are cautioned against being too ambitious.
The area between $7,000 – $7,100 hosts more relevant technical hurdles that need to be penetrated in order to prove the bull case.
Interestingly, the 0.236 Fibonacci retracement from May high of $9,900 happens to be in the same area, according to Bitfinex Exchange.
Bitcoin would then likely attack long-term trendline resistance located at $7050, as seen in the chart below.
If the inverse head-and-shoulders pattern takes form, the trendline of resistance would likely be tested in the following hours or days.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Theresa May Coin (MAY) на Currencies.ru

$ 0.0003238 (-0.36%)
Объем 24H $0
Изменеия 24h: 1.48 %, 7d: -31.15 %
Cегодня L: $0.0003238 - H: $0.0003238
Капитализация $32.384k Rank 2065
Цена в час новости $ 0.00138455 (-76.61%)

may hurdles need penetrated order technical hosts

may hurdles → Результатов: 4


Фото:

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04