Bitcoin What are value stocks? A value company is a company that app... More has been moving slowly up during the last few trading days but met What are "resistance" levels in trading? A resistance level ... More at $4,200. In the meantime, the US SEC postponed the decision on Bitwise Bitcoin ETF to the middle of May.
Why is it important?
The What are value stocks? A value company is a company that app... More has awaited the SEC’s decision on Bitwise Bitcoin ETF for a long time, and now An investor is someone who spends capital with the expecta... More will have to wait longer. Earlier, blockchain technology company SolidX in partnership with VanEck withdrew a similar application. All in all, a Bitcoin ETF would increase What is interest? In finance and trading, interest is a fe... More in the cryptocurrency and thus propel demand for it and, consequently, its What is price? The price is the measure of the value of good... More. The delay deprives BTC of a positive driver. Earlier we wrote that the Cboe decided to delist Bitcoin A future is a contract between two parties to purchase a ... More. The What is a market trend in trading? A market trend is the ten... More for greater acceptance of Bitcoin is definitely not here yet.
For What are value stocks? A value company is a company that app... More
There are other factors that limit Bitcoin’s ability to appreciate. According to the Economist, the amounts of Bitcoin usage all over the world are overestimated. Bitwise Asset Management released research that showed that 95% of Bitcoin trading What is the trading volume? In trading, volume refers to t... More may be artificial. In addition, the scalability problem makes transactions slow and limits the development of the crypto industry. Finally, multiple hacks of crypto exchanges and ICO frauds keep affecting the reputation of the market.
On the contrary, the things that can give Bitcoin a reason to rise include the USD weakness as a result of the The term dovish generally describes an economic outlook towa... More policy of the Federal Reserve and improved investors’ risk appetite.
If something triggers a break of $4,200, then there will be technical reasons to await a move to $4,500 and even $4,700 (200-day MA) as a A triangle is a chart pattern that forms when neither the bu... More would be broken. What are "support levels" in trading? A support level is a... More is at $4,120 and $4,030. A decline below $4,000 may lead to a What is a trend reversal? A trend reversal is when the mark... More down and a decline to $3,600.