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US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto
The world that Satoshi Nakamoto — author of the Bitcoin white paper — envisioned, and others are building, is an unstoppable force. We should not attempt to deter this innovation, and governments cannot stop this innovation, and those who have tried have already failed. So the question then becomes, what are American policymakers going to do to meet the challenges and the opportunities of this new world of innovation?”
Bitcoin weekly posted a reversal pattern and a long indecision. Very high chance next week the Coin start to recover.
Daily have form a double bottom formation and this is another signal that the price is going back up in the early week.
The correction has found correcting more than 100% reaching almost 180 to 200 percent. If she cross 8524 to 8323 is 200% correction base on 13800 and now is ranging around 9400 / 9200 area. If she cross that level she is difinitely going back to her original level of 4000.
From fundamental and technical analysis. The cryptocurrencies will be recovering as early as today.
Sangoh Tan (Tangoh)
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You have a great day.