Technical analysis Bitcoin BTC/USD - 06.05.2018
The cryptocurrency market capitalization continues to grow and now stands at over 452.5 billion USD. However, Bitcoin's dominance of the entire cryptocurrency market continues to decline. During the week, it fell from 36.7% to 36%.
Last week, we presented 2 possible scenarios to join increases. The price broke resistance 9,500 USD and is testing it from above right now. We see how the formation of the morning star is being built. If the current candle closes at least in 50% of the first candle from this formation, it will be a good buying signal. Take profit is set at 12,000 USD.
Below is our report from the Chainges conference in Amsterdam. In the photos and videos we tried to capture the most important information and curiosities from the event!
Recordings from the event:
https://jpktraders.pl/image/chainges0605.mp4
https://jpktraders.pl/image/chainges06052.mp4
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