Let’s look at different types of technical analysis on the daily chart 1.Price broke the 200-day moving average ( a technical indicator – indicates bearish price movement ) After breaking the Moving average price stayed below – Which mean the 200-day moving average is now acting as a resistance to the price – which is […]
Explore MoreAs people accept fiat currencies ( USD, EUR, GBP etc) issued by central banks . There are people who accept digital currencies ( cryptocurrencies ) managed by the participants there is no central authority to manage it As More and more people will start to believe and accept these currencies the value of these currencies […]
Explore More
As per the earlier post , It did not break the 10K mark and fell down This could lead to some more correction 8400 area
Explore More
Let me explain Bitcoin from scratch. So consider BITCOIN = Ledger – Trust + Cryptography For using cryptocurrency or bitcoin you do not have to actually know how it works in back end. Similarly, when you transfer money or use your visa or master card you do not know how the transaction works in the […]
Explore More
New BTC are given to Bitcoin miners as their Bitcoin block reward when they verify blocks of transactions. To begin with, the reward stood at 50 BTC per block. This would have been worth under a dollar back in 2009 — but at today’s rates (April 28), the price of Bitcoin would’ve gotten you a […]
Explore More
When I go to work and listen people talking about Bitcoin , I usually end up asking , what is it , or do u know how it works , and I most of the times I get these answers It awesome man, I got 20% return Its crypto currency and u can send it […]
Explore MoreI was closely looking at bitcoin price movements and i found out that price is moving horizontally from past few days as you can see in the chart above This rectangle formation can easily tell us entry and exit points and we can make easy money in few days of time Rectangle is a situation where […]
Explore More