
January 15 is when CHF was unpegged from EUR in 2015. What happened on the Forex market on that day?
Jack Dorsey, Twitter CEO & Cash App Founder: “[Bitcoin] was something that was born on the internet, that was developed on the internet, that was tested on the internet…It is on the internet."
Let’s consider the H4 chart for Bitcoin. On Wednesday, the oldest cryptocurrency fell towards the support at $3,423 and started to consolidate between this and the $3,460 levels. Up to now, the Bitcoin’s price has managed to recover and already tested the 50-MA. The reason behind it may lie in the recent comments by the SEC commissioner, who said that the long-awaited Bitcoin exchange-traded funds will eventually be approved. If bullish pressure continues, the price for the crypto asset will face with the resistance at $3,509. If they manage to break this level, the next resistance is placed at $3,548. From the technical side, parabolic SAR shows a downtrend for Bitcoin. If it resumes moving within the downtrend, the price will fall below the $3,460 level to the support at $3,423. The break of this level will signal about a further fall towards the next support at $3,378.
Important updates:
Regulations:
Bitcoin $3,527
DASH $71.12
Ethereum $110.80
Litecoin: $38.58
January 15 is when CHF was unpegged from EUR in 2015. What happened on the Forex market on that day?
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The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
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