(Last Updated July 2, 2020)
Hello! This is the news page for Bitcoin. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
A trend/countertrend situation exists on BTC, in which a downtrend exists on shorter timeframes but an uptrend appears on the 90 day timeframe. The countertrend on the shorter timeframe may provide an opportunity to buy for those interested in playing the longer term trend.
BTC’s moving averages tell a multi-facted story about its trend. Of the 20, 50, 100, and 200 day averages — three of them (all but the 20) — are bullish, implying a upward trend, save for a fall that occurred about 3 weeks ago.
Below is a chart showing BTC’s price with its moving averages.
I’m starting a megachurch, i’m buying darpa in bitcoin, i just declared a garbage scow off newfoundland my native country and part of the u.n., i opened an orphans charity, and i am legally an “app” instead of a person.
If bitcoin grows much larger, it may force governments to become a voluntary organization.
The second cycle #2 was launched by an automatic snapshot on 04/01/2019 (april 1, 2019) and ended on 07/01/2019 (july 1, 2019)….
The change in price came along side change in volume that was up 28.48% from previous day, but down 40.46% from the wednesday of last week.
Let’s see how the world is trending ytd:s&p down 5% 📉gold up 18% 📈#bitcoin up 27% 📈📈share this.
It should be noted, though, that a trend in the opposite direction, going down, exists on the 30 day timeframe.
Bitcoin was born out of protest against the financial system in 2008….
The price move occurred on volume that was down 31.34% from the day prior, but up 39.75% from the same day the week before.
This likely indicates bitcoin whales unloading their coins onto gbtc speculators.
Or to view things another way, note that out of the past 30 days bitcoin’s price has gone up 16 them.