Bitcoin (BTC) popped up last night under the magical $10,000. With a decrease of more than 5% of BTC is now at an average price of $9.631.
In our last analysis, the question of whether we can maintain position on top of the $9.800? So, the answer is no. The next and last stop is, according to the charts is around the price of $9.100.
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Bakkt
The bitcoin futures platform is on the Interncontinental Exchange (ICE), to open, nearly to her door. On the 6th of september, with the first customers to use their BTC, but depositing it in the Bakkt. That way you’ll be ready for the market, which will start on the 23rd of september.
Why is this such a big deal for bitcoin? It is particularly important to demand for bitcoin. Bakkt to pay for the bitcoin futures contracts in bitcoin. What this means is that they have plenty of bitcoin in order to be able to do it.
If Bakkt to be a big success, it means that they are a part of the offer to purchase in order to continue to operate and grow. And that creates even more scarcity in the market.
It means to be a new player who has BTC in cash is required. And that, in the long run, be good news for the day.
On September 6, our Warehouse will start offering the secure storage of customer bitcoin is to prepare for the launch of Bakkt Bitcoin Daily Value of Futures contracts when they launch on September 23
These contracts will enable the physical delivery of bitcoin, with an end-to-end regulated markets and to the point
— Bakkt (@Bakkt) August 28, 2019 At The Latest
Cryptotwitter
Twitter has a lot of interesting people on the platform that is daily to tweet about their findings in the world of bitcoin and other cryptomunten. We’ve got some fun for you, one step at a time.
Bitcoin does it, since its existence is very good in terms of price performance. Especially when you compare it to other asset classes. Nick Szabo calls on economists to make a statement, to come out. As it is, however, a strange phenomenon.
Has any bubble in the economic history ever sustained such a high risk-adjusted return for such a long time? To any economist who generally believes the market signals, this cries out for a fundamental explanation.https://, etc.co./bkrJ63MpxT pic.twitter.com/UJSjKadSqh
— Nick Szabo ? (@NickSzabo4) August 29, 2019
At Pantera Capital and confused, she blockchain with bitcoin-in this tweet, but that’s not the point less clear-cut. Bitcoin is performing well, and that is mainly because it seems like it doesn’t even respond to what other markets are doing.
If you can find an asset that has a 235% eight-year compound annual growth rate, and basically zero correlation with anything else, you should expect some. That’s the simplest way to describe why #blockchain should be in a portfolio.https://, etc.co./L9Umy5RpFa pic.twitter.com/zAywV2B9nQ
— Pantera Capital’s (@PanteraCapital) August 28, 2019 At The Latest
In spite of these positive tweets, and can bitcoin, of course, still fall on the short-and long-term. Josh Rager and think that BTC is now at $9.533 should be kept, we have, in terms of the price to be a problem.
$BAC is going in for it’s 3rd down for the week-in-a-row
Last up-Bitcoin has been a multiple month w/ at least 3 down weeks in a row
Price is near weekly support, and on it harry, ” I want to see the BAC to close above $9533 Sunday, or it would form a lower-low
Monthly chart looks ugly, too pic.twitter.com/l6Izw0surl
— Josh Rager ? (@Josh_Rager) August 29, 2019
New and Bitcoin News all over: Bitcoin hodlers are in the positive, Binance Lending, and “Satoshi”, the lid on the nose
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