OK here is a little parable for context to start EDit for explanation*** If I was a bank and I sold you a mortgage ( the dumbest riskiest loan, a completely bad idea even if it was high interest in the middle of a forest fire, with dinosaurs shooting ninjas out of their…
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Bitcoin price failed to stay above the $60,000 level against the US Dollar. BTC is consolidating losses and it remains at a risk of more downsides below $58,000. Bitcoin extended its decline below $62,000 and $60,000 support levels. The price is now trading below $60,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $60,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of more downsides below the $58,000 level in the near term. Bitcoin Price Extends Losses Bitcoin price failed to stay above the key $62,000 and $60,000 support levels. As a result, there was a crucial downside break below $60,000. The price even settled below the $60,000 level and the 100 hourly simple moving average. A low is formed near $58,140 and the price is now consolidating losses. An immediate resistance on the upside is near the $59,500 level. It is near the 23.6% Fib retracement level of the recent drop from the $63,700 swing high to $58,140 low. The first major resistance is near the $60,000 level. The main breakout zone is now forming near the $61,000 level and the 100 hourly SMA. The 50% Fib retracement level of the recent drop from the $63,700 swing high to $58,140 low is also near $60,900. Besides, there is a key bearish trend line forming with resistance near $60,900 on the hourly chart of the BTC/USD. Source: BTCUSD on TradingView.com A clear break above the trend line resistance and then $61,000 may possibly call open the doors for a move towards the $62,000 level. The next major resistance sits near the $64,000 level. More Losses In BTC? If bitcoin fails to clear the $60,000 resistance zone, it could continue to move down. An immediate support on the downside is near the $58,200 level. The first major support is now forming near the $58,000 level. A break below the $58,000 support may possibly push the price towards the $57,200 support zone in the near term. The next key support is near the $56,500 level. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $58,200, followed by $58,000. Major Resistance Levels – $59,500, $60,000 and $60,900.
Does it make sense to wait for eth 2.0 to transfer to save on gas fees or this won’t make a difference? Thanks submitted by /u/kmartindmd [link] [comments]
The SEC does not appear to have the appetite for more exotic Bitcoin futures products.
submitted by /u/butadon-dono [link] [comments]
submitted by /u/CryptoSatoshi314 [link] [comments]
it this normal ? https://etherscan.io/tx/0x6599c251b3d44a731f29f5c42b8090f19bc9028863ec2a14792cd3546997dd2d This was relatively a simple transaction. He just wanted to transfer ETH from 1 exchange to another (both belonging to him). He did it many times and all of them (apart from this) went smoothly. This transaction for some reason has been stuck for 11 hour……. Just…
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Is the Rinkeby faucet broken? I can't seem to get it to work right now. If someone wouldn't mind sending me some ETH I'd really appreciate it! 0xAe1d5F9C98AC81F6DDFaf627CFCd163aCAF6FCBc Thank you! submitted by /u/PopskiNaysh [link] [comments]
The recent purchase brings the Latin American nation’s stash to about 1,120BTC.
Summary: This proposal is for sorting comments by newest first after a post is submitted. The intended goal is to level the playing field between early bird low-effort comments and more meaningful high-effort comments by limiting visibility for the former. Problem Statement: After a post is submitted, the first comments tend to be low-effort. Most…
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