The Blockchain Week New York event will boost bitcoin prices?
The Blockchain Week New York event last week included celebrities such as James Bullard, president of the Federal Reserve Bank of New York. Louis, European Council Member Eva Kaili, and Twitter CEO Jack Dorsey and many others who lead and stir up the digital money market.
Bitcoin prices today are at $ 8.385, with the opening price at $ 8,688, which is down 3.78%.
Bitcoin's highest bid is $ 8,705, the other way round, Bitcoin's lowest price is $ 8,343.
Bitcoin supply is currently at 17,032,925 BTC, capitalized at $ 143 billion, down $ 1 billion from yesterday.
The latest Bitcoin pricing will continue to be updated in subsequent blog posts.
What is Blockchain Week New York?
Many traders and investors expect bitcoin prices to rebound during and after Bitcoin Week in New York. Bitcoin rose sharply after the pre-consensus digital media conference, as the media was constantly reporting and institutional investors increased interest in the digital market. Fundstrat's study shows the correlation between consensus and bitcoin prices.
Looking at the New York Stock Exchange NYSE and Goldman Sachs to enter the digital money market in 2018, it is unlikely that the Consensus 2018 will stimulate demand for bitcoin and digital money. Other in the market as ethereum.
This week's event included celebrities such as James Bullard, president of the Federal Reserve Bank of St. Louis. Louis, European Council Member Eva Kaili, and Twitter CEO Jack Dorsey, and many others who lead and stir up the digital money market.
The organization estimates that there will be about 8,000 people, half of whom are from other countries. Last year's event was about 2,700 people, indicating that the blockchain community grew in size and importance in just one year.
Consensus really has a reputation, if you speak at the event, you have the name on the map, "said Michael Oved, co-founder of AirSwap Digital Money Exchange, and organizer of the talk. Blockchain Thursday is called Fluidity.
As mentioned in yesterday's article there is a BTC benchmark that will rise to $ 87xx - $ 89xx before the close on Sunday, exactly at 4am on May 14th. BTC has reached $ 8757. After reaching this threshold in 3 candles 1h, before the candle closed on 1h, the price of BTC was reduced from 8757 to 8342 in the morning session of the first Monday. This is a slight reduction to adjust the price of BTC to the next bullish trend.
Expected in today BTC will return to test price 82xx $ then sideways in 3-6 candle 4h before taking the next step. BTC is expected to test the 87xx again and with the upcoming events of the entire financial market, the BTC is likely to cross the 9k threshold this week.
(All the above analyzes are personal opinions used for reference)
- Update Bitcoin regularly here..
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