nations blockchain industry. A stand out in the last two months is Nov 20 barvolumes exceed averages (117k versus 37k). Analysis, the financial capital of the world can afford to be picky but does it stifle fintech innovation? This analysis should not be considered investment advice, use it for informational purposes only. After that, first targets will remain as before at 4,500 and 5,000. Ideally, for a convincing break below or above, volumes should be above 35k rivaling those of Dec 17 (bull bar) or Jan 10 (bear bar).
Analysis, india crypto and blockchain advocates protest in advance of a crucial supreme court hearing. On the chart bitcoin ethereum upside, if the bulls have a price breakout, the resistance level will be broken and the crypto will reach the highs of 4,500 and 5,000. Of course, perma bears might argue that this is, but we should also realize that with every higher high, the foundation of the next wave of bulls continues to take shape. Meanwhile, the stochastic band is out of the overbought region but above the 40 range which indicates that the crypto is in a bullish momentum and a buy signal. The most bullish scenario for Bitcoin has been the higher lows which have been forming since June. A return to the important 6000 point may result in a sharp decline below. Bitcoin is in the bullish trend zone.
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