Halloween is also called the “Night of Witches” is an international event that takes place the night of October 31. It is celebrated primarily in the united states.UU, although there is an increasing adoption in various parts of the world. Now, is There a relationship between Bitcoin and Halloween? 11 years ago, more precisely on October 31, 2018, a certain Satoshi Nakamoto, spread his white paper: “Bitcoin: a system of cash electronic peer-to-peer”. Is it a coincidence that the paper was published on the day of Halloween? White Paper By Satoshi Nakamoto
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Is there a relationship between Bitcoin and Halloween?
At first sight, only notes that the October 31, 2008, Satoshi Nakamoto published his paper that gave rise to the Bitcoin, which could be a mere “coincidence”. Now, doing a little bit of history, and analyzing the historical peak of the Bitcoin and beyond by December 2017 at 20k, I stumbled upon a post that I published just October 31, where the criptomoneda reached its historical maximum in$ 6,400. Why another chance? Graphics of the Bitcoin October 2017
The current status of the Bitcoin
At the time of writing, the BTC is traded at around US$ 8.200, holding a side trend so far this month. While trading above the psychological barrier of the 8k, the projection remains bullish in the medium term. The key resistance for the remainder of the week is located in the 8.5 k, a value which could not overcome, which makes a few hours. In case of breaking that level, you can go for 9.2 k, a value which was lost at a stroke in the collapse of September 24.
Conclusion
The event more eye-catching by what some associate to Bitcoin, and Halloween, is the publication of the paper by Satoshi, just the day of the celebration of the noche de brujas, added to the maximum that it reached on 31 October 2017. Can seem 2 isolated events or not, that will depend on the focus of each one. Personally I think they are coincidences that just give more “spice” to the Bitcoin, which without a doubt is an asset that provides for all kinds of analysis and speculation. Now, if this 31 of October the Bitcoin marked a new historical maximum I will have to rethink my stance of unbelief. ? And you think, is There a relationship between the Bitcoin and Halloween? Let us know in the comments section. The following two tabs change content below. Analyst of financial markets, and passionate about new technologies, especially in the disruptive as the Blockchain.