Feels like #btc is right in the centre between heaven and hell 😈. Weekends so far in general cause a sell off in #cryptocurrency market (48 hours timeline away). 29th March is closing for March Futures so still a few days of cushion before the usual sell off near settlement of bitcoin futures. #follow for #updates 🙏 #bloggerlife
IOT/USD BitFinex Daily Chart for March 22, 2018
From the chart, it’s obvious that IOTA buyers are finding resistance at the middle BB and the 78.6% Fibonacci retracement level at $1.45.
Even though we are net bullish at least in the short term, any bearish confirmation below $1 will most likely cancel signal bear trend resumption as per the weekly chart trend.
In my view, the best way to fine tune long entries is to wait until prices close above $1.45.
Alternatively, short term traders can wait for stochastic buy signals to print from the oversold territory in the 4HR chart because the daily chart stochastics is turning from the oversold territory.
After all, zooming in you can see bears are in charge and no wonder yesterday’s bearish close. Anyway, if our bullish conditions are met and today ends up bullish, March 21 forecast will remain valid.
Bitcoin is allegedly entering a recovery phase, and is now trading for just under $9,000. Following two harsh weeks of negative sentiment from both Google and Twitter, bitcoin is once again showing an ability to surpass the latest resistance levels and spike through new territory.
Read more on https://themerkle.com/bitcoin-price-watch-were-almost-at-9000/
💅🏼 Satoshi Nakamoto is the name used by the unknown person or people who designed Bitcoin and designed the first blockchain database. During this badass process guess what they also solved? The DOUBLE-SPENDING problem for digital currency. ⚡️⚡️⚡️WHY WE believe Satoshi Nakamoto is a woman 👉🏽 A year before Bitcoin was created, a woman named Margaret Runchey patented the “Semantic Model of Everything Recorded” (swipe to see) which features an insane chain of ownership (blockchain) which “allows for assets, smart contracts and miners to secure the network to all play their role in the Model is Everything” ⚡️Sounds a lot like blockchain technology.
Even more crazy, besides her patents, there is ZERO information on Margaret since 2007 (a year before Bitcoin). I have a feeling she’s living her best life on an island somewhere with all her besties and dogs. So, do you think Satoshi is clearly a woman? 💅🏻💅🏼💅🏽💅🏾💅🏿 #SHESINVESTED shirt available in store! LINK in bio! 💍