Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
https://futurism.com/luxembourg-establishes-e220-million-fund-for-space-mining/
Deep Space Industries and Planetary Resources are two of the named companies that will receive capital for exploration of space mining. The fund will be used to finance asteroid survey missions that will be launched within three years. Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.
Database of over 600k asteroids with orbits and calculated values.
http://www.asterank.com/
You ate to many gummi's before this update to your wonderful chart
....rethink your support zone. 7.5+ and thats a big if... However I do like your resistance line and its color. Reverse h&s possible looking at the current setup.
Some consolidation should be expected. Support is at $8.65k if we bounce that low..this might be it here and sideways for a bit.
Deep Space Industries and Planetary Resources are two of the named companies that will receive capital for exploration of space mining. The fund will be used to finance asteroid survey missions that will be launched within three years. Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.
Database of over 600k asteroids with orbits and calculated values.
http://www.asterank.com/
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You ate to many gummi's before this update to your wonderful chart
....rethink your support zone. 7.5+ and thats a big if... However I do like your resistance line and its color. Reverse h&s possible looking at the current setup.Just as I though after touching 9,000$ it quickly go down, Bitcoin might have completed the the ascending wedge pattern and might now go into a reversal, Support 1 will be 8,500 and Support 2 will be around 7,800$. But Bitcoin clearly is well inside the triangle still only if it breakdown will re-test the support levels. RSI now is overbought and its MACD is about to make a bearish crossover.
Some consolidation should be expected. Support is at $8.65k if we bounce that low..this might be it here and sideways for a bit.