Seoul Meetup
"In Seoul this week? Join Ontology at Hashed Lounge on Thursday, April 19th."
Validation
Confidence
0%
Votes
0
2
Added 17 April 2018
Reward the contributor
BTC:
1BdhokubcNrCSY8rQffAcZbcV4zq3F6iTx
Copy
It's been another wild week in Bitcoin with the price covering a nearly 10% range - jumping up to short stops at $9,800 before plummeting down to near $8,800.
The altcoin marketcap mirrored Bitcoin's movements with its value climbing from $94 to $98 billion, before ending the week near $90 billion.
While we wait to see ...
Bitcoin continues to trudge along in a relatively small ~12% range as it paints a descending triangle on the daily. When the price rises into this pattern (as it did), the odds of an upward breakout increase.
However, the triangle does not close for a few more weeks, which means that the market may continue to stagnate whi...
Last week saw a 17.51% drop in Bitcoin's price as it continues to chop through its range just above the .618 Fibonacci retracement. It's still unclear whether this is a distribution that will lead to a drop, or whether a bull flag is forming to assault 2017's highs.
Meanwhile, the altcoin marketcap continues to stead...
