The dominance is going up and it seems that the market cap may go below 300 Billion, to bottom up at 6K per BTC & 500$ for ETH (Worst case scenario)

in #esteem7 years ago

image

The boring market cycle, Bitcoin support level at 7.8K. Possible support levels between 7.5 & 7.6K then 7000$. The resistance is still at 8.5K, use these informations to short Bitcoin. The dominance is going up and it seems that the market cap may go below 300 Billion, to bottom up at 6K per BTC & 500$ for ETH (Worst case scenario)

Slovenian city unveiled first Bitcoin monument, while the US economic report dedicated a whole chapter for crypto. The largest glass manufacturer plant in Siberia may soon start mining Bitcoin, US federal court shuts down 3 crypto Ponzi schemes promoters. MTgox trustee said that selling BTC & BCH holdings were done in a way to not affect the market, still holding about 2 Billion dollars of coins.

Bitmain announces new Monero mining antminer, Major Canadian bank filed a patent to make credit scores transparent via blockchain, will the blockchain be the next big thing in the world of banking?

Sort:  

For future viewers: price of bitcoin at the moment of posting is 7575.20USD

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by rajarahmataulia from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.037
BTC 93459.77
ETH 3481.21
USDT 1.00
SBD 3.78