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About BITCOIN
Bitcoin (BTC) is an exclusively digital form of money. Leader of the fledgling cryptocurrency asset class, BTC is traded via cash exchange, CFD, and futures products. Launched in 2009 by an anonymous programmer “Satoshi Nakamoto,” BTC has gone from being worth mere pennies to thousands of dollars apiece. The technology behind BTC is complex, but a finite maximum supply of 21 million BTC in circulation influences valuation models. BTC is defined by its inherent volatility, regularly moving upwards of 5% per day.
BITCOIN Brief
Bitcoin is bouncing back after testing the Nov 12 low near $5,844, making it a double bottom pattern. Is it bullish reversal in BTC? We won't be able to confirm this until the Bitcoin breaks above 61.8 Fibonacci Retracement at $9,435.
FOREX Signals
No active BITCOIN signals
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Trading Feed
Bitcoin has opened with a bullish gap today but the buyers are still having trouble at the $4,000 level
2 d
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1 wk
From a strictly technical perspective, there are two levels to keep a close eye on in March Bitcoin futures.
1 wk
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