Bitcoin 4 Hour Price Update
Updated July 26, 2020 01:35 AM GMT (09:35 PM EST)
Bitcoin closed the last 4 hour candle up 0.01% ($1.35); this denotes the 4th candle in a row it has gone up. Relative to other instruments in the Top Cryptos asset class, Bitcoin ranked 4th since the last 4 hour candle in terms of percentage price change.
Bitcoin Daily Price Recap
The choppiness in the recent daily price action of Bitcoin continues; to start today, it came in at a price of 9708.41 US dollars, up 1.66% ($158.18) since yesterday. The price move occurred on volume that was down 27.79% from the day prior, but up 112.94% from the same day the week before. Those trading within the Top Cryptos asset class should know that Bitcoin was the worst performer in the class during yesterday. Let’s take a look at the daily price chart of Bitcoin.
Bitcoin Technical Analysis
The first thing we should note is that Bitcoin is now close to its 20 and 50 day averages, located at 9322.4 and 9353.92 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Bitcoin’s price has gone up 16 them.
Overheard on Twitter
Behold! Here are the top tweets related to Bitcoin:
- From trylolli:
I want to make someone’s day on this Stacking Sats Saturday.I’m giving away $100 in bitcoin to someone random who likes and retweets this in the next 24 hours.Must be following @trylolli so I can DM you. Tag a friend for good luck!
- From amitbhawani:
1. Do Not Reupload that Deleted Video
2. Do Not Transfer money to that Anonymous Bitcoin address
3. Let’s wait for @TeamYouTube to fix this problem
4. Everyone requested to have 2FA on their accounts though @CarryMinati might have it already, security checks needed.
5. Inform YT
- From Davincij15:
IMHO #bitcoin is the best form of money mankind has seen. The key features are it will always go up in value, you can transfer it without someone stopping you, and you can hide it so you are the only one who knows where it is.
In terms of news links for Bitcoin here’s one to try:
Payments giant VISA made public its efforts to incorporate cryptocurrencies such as Bitcoin (BTC) into its payments network….The payment company said it has been working with regulated entities, including Coinbase and Fold, to create a bridge between digital currencies and its payment network….Another step that Visa highlighted as an important part of its expansion into crypto payments involves an investment to Anchorage.