Crypto prices SURGE: Bitcoin breaks $3900! EOS up 30%

in bitcoin •  3 months ago 

Crypto prices surged over the past 12 hours as Bitcoin passes $3900. We are seeing a greater ratio of longs vs shorts as the bear sentiment resides (however, RSI is overbought at 70%). On the news side, we have new Schnnor signatures tests being done on Bitcoin - potentially adding a lot of privacy on bitcoin. New tickers on Nasdaq for Bitcoin Liquidity Index (BLI) and Ethereum Liquidity Index (ELI).

https://www.coindesk.com/blockstream-releases-test-code-for-bitcoin-tech-upgrade-schnorr

https://blog.bitmain.com/en/bitmain-announces-next-generation-7nm-asic-chip-for-sha256-mining-delivering-breakthrough-energy-efficiency/

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finally we see some action

Hope, the bull is running. We are looking for 8k price of BTC.

Posted using Partiko Android

Another excellent video much appreciated. Agreed about JP Morgan coin nothing innovative about it what so ever. " in 2013 JP Morgan Chase was denied a patent for a Bitcoin clone over 175 times"

A breather to consolidate at these prices is expected and will be good before trying to take out resistance above that will be a challenge unless these volumes continue.

Posted using Partiko iOS