Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Harlot
on 20/03/2018, 08:36:28 UTC
any good news from G20  Huh

The only good news from government is when they don't do much. Which was the case this time.
From what I have read they just made up it to conclusion that they are holding of any new regulations for cryptocurrecencies as it is not yet hurting any financial situation of a country. People have assumed that this news coming from the G20 is the reason of the sudden rise of Bitcoin's price. When they are forgetting that we are still on a down trend and 8,500$ is just a resistance under the EMA 50 moving average. The 14% price increase might still end up a bull trap as the volume is lagging.