Ali Baba and PayPal Reject Cryptocurrency as a Medium of Exchange
Big investors and business icons are rejecting cryptocurrency as a viable medium for exchange. The market has been struggling to become a “reliable currency” despite several countries legalizing digital currencies and crypto exchanges. Bearish remarks from trend makers have been negatively impacting the crypto market.
Bitcoin price (BTC) plummeted to the $8,000 level while the entire cryptocurrency market capitalization dipped to $80 billion in the last two weeks. Jack Ma, executive chairman and founder of Alibaba (NYSE:BABA), has claimed; “Bitcoin is a bubble”. He says the company is not planning to accept ...
read full story @
1 32 hours ago
Bitcoin Price Watch – BTC/USD Slides Down To $7,700, Bearish Trend Confirmed
On Wednesday morning, Bitcoin price slid down below the critical $8,000 price point and is now sitting closer to $7,600. The previously established $8,100 support level was unable to hold. .. read full story @
The market is exciting again, Bitcoin support zone formed between 7400$ & 7500$, the resistance sits at 8000$. Next support is at 7300$, if broken we can see BTC below 7000$ to as low as 6300-6400$. Else, expect Bitcoin to try to recover above the 7.5K level. 🔥
Nobel Prize-winning economist Robert Shiller says that crypto is an old idea in a new package, A former Obama aide and Democratic congressional candidate has been targeted by an anti-crypto political ad for accepting BTC donations to his campaign. India considers taxing cryptocurrency transactions despite the central bank ban remaining in place, Goldman Sachs-backed Circle’s new 7-coin investment feature targets crypto “newbies”. Goldman Sachs-backed Circle’s new 7-coin investment feature targets crypto “newbies”, A major Japanese fintech company has announced its plans to launch a crypto asset exchange this year.
Don’t miss joining us for FREE on Telegram using the link in our bio. ⤴️
❗️BTC 4HR CHART🚨 Evening ladies and gents! Here is a quick bitcoin update - the mother of all! Looking at this 4HR chart, we see we gained support at 7900 and having us bounce up to the 618 retrace, where we ultimately got slapped back down. As I’ve mentioned in the earlier months of this year, you can look at bitcoin like a bouncing rubber ball, it will continue to make lower highs until it finally reaches the floor. In the last 24 hours we have witnessed bitcoin absolutely demolishing shorts and not seeming to find any areas of support. Looking at the RSI, it’s been oversold for a while now and the RSI chart itself cannot go any lower. This is just typical whale manipulation and a typical sell off. Don’t panic sell just yet! We may see a minor rebound before reaching new lows again! Be careful out there people! ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Drop a comment and tell me what you think, are we in line for 5-6k❗️??😳 ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
🐻 BEAR TRAP 🐻With the bears clearly in control over the past couple days, you have to always know that there needs to be ups too! Just like nothing goes straight up, nothing can go straight down either ‼️ This design by @hodlcrypto is one of our newer designs and we are getting a great response! Grab yours from the link in my bio! 😬
Do you think Vitalik would ever take that deal and leave Ethereum for Google? 👀 I don’t think so. Share your thoughts in the comments below! .
🚨Get 10% OFF your Entire Order! // Click Link in Bio.
Follow 👉 @cryptoproper
Follow 👉 @cryptoproper