the The price of Bitcoin was at 20. December overcome again the 4,000-US-Dollar hurdle. Thus, the question arises: Is overcome, the correction, or we are trap in a Bull? The situation in the crypto market.
By Phillip Horch
20. December 2018ShareFacebookTwitterLinkedInxingemail
The price of Bitcoin to crack the 4,000-US-Dollar-brand. To fight what is the last Time hair and Panic selling led, currently of hope. With a good seven percent Plus in the last 24 hours, Bitcoin could recover course.
Also in the case IOTA it looks a bit better. The Token for the Internet of Things gained in the last 24 hours, a good five percent. The price for a Token is currently at 0.30 US dollars.
The biggest gains in the last 24 hours, the Stratis project once. With a total of 45 percent of the profits of the Strat-rate is currently US $ 1.50.
Bitcoin price: the cops calls for the trap?
Now, the question is whether the current rearing up just a Twitch or if the ground for Bitcoin & co. is achieved. On the fundamental technology side anyway, it looks good. Binance and other stock exchanges prepare to institutional investors. The entire Ecosystem seems to win, meanwhile, to Mature – the developments in the area of Lightning Network speak for themselves.
The technical side: resistance
Also, from a technical point of view, the course of the Bitcoin hope to find. Thus, the support area between 3.132 and 3.303 US Dollar has kept. The year’s low of of 3,159 U.S. Dollar announced a recovery and has also offered an introduction, for all those who go Long. Also, the resistance of 3,655 thousand dollars seems to be outbid. If the current hurdle in 3.929 US-is held in dollars any longer, we have the first air to the top. The rate analysis in Detail can be found here.