Bitcoin Price Pushes Higher as Tether Approaches Parity

More from: | Hacked.com |
0

In October 2018, Bitcoin recorded a new monthly low close price for the year of $6,304.18 on Coinbase. For many traders, this was a cause of concern. The new low may indicate that bears are still in control of the market. This revitalized and renewed calls for a break of $6,000 support. On social media, countless posts show how the market will plummet to $4,000.

While these people promoting fear, uncertainty, and doubt (FUD), we looked at the charts in search for more evidence to support the FUD. What we found was the exact opposite. In this article, we show why bears are exhausted.

The Inverted Weekly Chart

Not many retail investors know this, but you can invert charts on

(...)

Read full article » https://hacked.com/bitcoin-price-pushes-higher-as-tether-approaches-parity/


About | Hacked.com |

For too long, people have lived in a system that is rigged. A system that makes the poor poorer and the rich richer. In 2009, an invention came into existence which is now shaking up the banking industry – but we still have a long journey ahead of us for financial freedom. Automation and AI will claim more jobs than the first industrial revolution did. Researchers are unsure of the ramifications. Countries are debating citizens’ income to adjust for the lack of jobs due to automation. We believe that people need to plan for their own financial freedom. We will share information on how you can make more money and help you take the right financial decisions for the coming years.

We have a dedicated team working to improve your financial understanding and help you get set for the coming macroeconomic changes. We want to give you the tools to become financially independent. Our team consists of economists, entrepreneurs, cryptocurrency enthusiasts, and technologists.

Including Hacked.com we are responsible for CryptoCoinsNews.com, one of the world’s leading bitcoin, blockchain, and FinTech news sites.

»Twitter: @HackedCom