RATE Group | Bitcoin (BTC) Technical-Price Analysis (May 23, 2018)
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Bitcoin (BTC) Technical-Price Analysis (May 23, 2018)

23 May Bitcoin (BTC) Technical-Price Analysis (May 23, 2018)

Posted at 08:02h in Bitcoin News by

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As it is, Bitcoin prices are basically in a consolidation and swaying within a tight $2,200 range with tops at $10,000. Regardless of recent swings, I’m net bullish and today, its likely prices might move higher and sync with April 15 bullish candlestick.

From the News

There are some pretty nice developments in the crypto world and because Bitcoin is the most dominant coin, expect to see wild allegation or over ambitious developments. One of them, depending on your view, is the rumor that there are solid plans of replacing SWIFT with the Bitcoin Network in Argentina. Well, this is definitely a BTC shot in the arm. However, the question is: Will the central bank and other dominant banks allow this? I expect a battle between affordability, transparency and decentralization and centralization, lags and inefficiency.

As things warm up, critics often assert their views whenever there is a BTC slide. Statistics shows that Bitcoin prices are down two percent in the last 24 hours and four…

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