Bitcoin still a buy despite recent losses says blockchain venture capitalist
Bitcoin is still a buy despite continued losses, says blockchain venture capitalist. | #FinTech & #Beer| #bitcoin#cyrptocurrency#btfd
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices.
As shown in the chart above, when the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell. Conversely, when the MACD rises above the signal line, the indicator gives a bullish signal, which suggests that the price of the asset is likely to experience upward momentum. Many traders wait for a confirmed cross above the signal line before entering into a position to avoid getting getting "faked out" or entering into a position too early, as shown by the first arrow.
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The Governor of the Bank of England Mark Carney said at the Riksbank Anniversary conference that he was open-minded about the prospect of a central bank digital currency (CBDC), Bloomberg reports May 25. Riksbank is the central bank of Sweden.
While he reportedly is not opposed to the idea of implementing a CBDC, Carney stressed that any such adoption of a digital currency would not happen soon. The UK central bank governor stated that cryptocurrencies do not currently constitute money.
Earlier this month, the Bank of England issued a working paper, laying out various scenarios of possible financial risks and instability issues of using a CBDC. The report found that in the scenarios described, there was no reason to believe that adopting a CBDC would negatively impact private credit or total liquidity provision to the economy.
BTC continuing to fall but don’t worry as there is evidence of support at $7,000. If we rebound from that price well we can see a break to $11,000.
The first chart shows when this pattern first became apparent on the 20th of May. As notified to the LOC members.
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BitMinutes in Inc Magazine Today!
New Cryptocurrency Startup Wants to Grow New Businesses by Tapping Unused Cell Phone Minutes.
The cryptocurrency BitMinutes is tied to the real-world asset of prepaid airtime minutes.
See the link to the full article on BitMinutes Facebook page
When an interviewer mentioned regulation to Ethereum Co-Founder Joseph Lubin this is what he had to say: “It is really valuable to have regulators in this space taking a look at some of the complicated practices in much less regulated situations. So, whether it’s with respect to cryptocurrencies, and cryptocurrencies — in my opinion — should remain unfettered because they have tremendous use cases, or whether it’s tokens representing securities or other assets, and how that maps into securities law, we’re very happy to see the regulators."
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Nice accumulation chart on BRD daily as we see incoming volume over the past week. With an all time high of 21000 SATS we still have a lot of room for growth with a current price of 6569 SATS (at time of post). I will be waiting for a MACD cross before entering but the low range RSI is a good sign of this happening soon.
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still just in spreadsheet form and know this probably looks crazy but I’m getting excited about the possibilities. I’m so tired of missing my entries and exits. These lines tell a story not visible in the candles or regular indicators. Now is such a great time to be testing it out. Everything is bursting with anticipation. When will it break? will it break up or down? I am finding almost 100% certainty in the backtesting. This is BTC. It is defo the hardest coin to TA because of so many reasons. Right now a lot of people calling for a rally. This says no. So we will see. Looking at some other coins through this lens and seeing some killer entries coming up in the next few days. I am thinking of starting a blog doing a hypothetical walk through of a coin as if I had this tool from the beginning of that coin’s lifespan and traded off of it primarily. What coin would you want to see? I am thinking ONT or ADA at the moment. Thoughts? .
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