empty
 
 
11.10.2017 10:13 AM
Bitcoin analysis for 11/10/2017

Bitcoin analysis for 11/10/2017:

Bitcoin developer Xapo said it would not necessarily treat the BTC as "real" Bitcoin after the SegWit2x update. When discussing Bitcoin Cash, which was launched in July, Xapo CEO Wences Casares confirmed that Bitcoin would be "the most difficult chain". This move is a strong appeal to support the SegWit2x chain if it receives the majority of support, and confusion may result from the addition of users to the "BTC" service.

Bitcoin owners are still waiting for the commitment of other major portfolios or stock market developers. Coinbase is silent on this subject, and only their former engineer Charlie Lee gave an insight into what will happen when a hard fork appears on November 18.

Let's now take a look at the Bitcoin technical picture at the H4 time frame. The market was so far rejected from $4,900 level, but the important support at the level of $4,618 has not been tested yet. The market conditions are now overbought, so the price might enter a corrective cycle soon. From the Elliott Wave Theory point of view, this is the last moment for the main count to confirm the price movement, otherwise, the alternative impulsive scenario will be in charge.

This image is no longer relevant

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback