28.12.2017. Market Review. Results of the Day. Scenario for Bitcoin is either + 114% or -36%
December 28, 2017
28.12.2017. Market Review. Results of the day. The scenario for Bitcoin is either + 114% or -36%.
BTC $14,300 -4.39%
ETH $716.50 -1.17%
Ripple + 4.68%
- According to DataTrekResearch.com, Coinbase is for an IPO in 2018.
- Deputy Minister of Finance of the Russian Federation: "I do not even understand what a cryptoruble is."
- Skorobogatova (CBR) believes that they will never recognize the "crypto".
- Regional authorities in the United States issued the first recommendation for Bitcoin investors.
- "New money will be denationalized" - James Dale Davison, 1997.
- Ethereum has a new hard fork, EtherZero.
- South Korea banned anonymous cryptotrading.
- In 2018, the ICO topic will lose its popularity - Stephan Thomas (Ripple).
- According to the estimates of the Russian Association of Cryptocurrency and Blockchain (RACB) 1.5 million of Russians are involved in the crypto industry.
- Venezuela secures its own cryptocurrency with 5 billion barrels of oil.
- Ripple forms an association with Japanese bank card issuers.
There are two scenarios for Bitcoin TA.
- If the price is below the range of $12,000 - $13,000, the figure "flag" will be realized, with a target of $9,000.
- When there is a move upwards from the level of $12,000 - $13,000, the figure "Head and shoulders" can be realized, which is often called a reversal, but in this case (with such a slope against the trend), it should be used as a continuation pattern. The target for the figure is $30,000. The best entry here is a limit buy order at $11,000. It is advisable for the especially cautious to wait for the trend to turn upwards.
Ethereum's support level is $680. It is better to forget about buying so far and wait for the reverse. When the support level is broken downwards, the next support level is $480.