Bitcoin Today: Breaking 7000
Price
BTCUSD breaking 7000, by what showing a bullish sign. The signal for the continuation of the uptrend rally would be a breakthrough above 100-days EMA (coinciding with the 7500 level). The most probable developments for now - correction and probably roll back to the 7000 level. Anyway, if the price will manage to stay above 7000 - that could be considered as an upward signal. Retrace below the 6800 level will raise doubts in the bull scenario.
Latest positive news
BTCUSD breaking 7000, by what showing a bullish sign. The signal for the continuation of the uptrend rally would be a breakthrough above 100-days EMA (coinciding with the 7500 level). The most probable developments for now - correction and probably roll back to the 7000 level. Anyway, if the price will manage to stay above 7000 - that could be considered as an upward signal. Retrace below the 6800 level will raise doubts in the bull scenario.
Latest positive news
- Yesterday, Coinbase shared the news that U.S. regulators will open the door for the exchange to list tokens that are categorized as securities.
- Last week, Coinbase announced that it was exploring the addition of Cardano, Basic Attention Token, Stellar Lumens, Zcash and 0x.
- At Goldman Sachs, current COO David Solomon will move into the chief executive role. Solomon is regarded as a cryptocurrency-friendly choice for CEO.
- Asset manager BlackRock created a working group to examine blockchain and cryptocurrencies, though its CEO cautioned that he hasn’t observed “huge demand for cryptocurrencies.”
- Japan’s Line is launching a cryptocurrency exchange known as BitBox this month, though the token-to-token exchange won’t serve the US or Japan.
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