Do repost and rate:
Bitcoin has been going sideways for a while now and getting closer and closer to the end of trend within the triangle I set two weeks ago.
The market is not sure where to go and bulls and bears are struggling as the window is getting tighter and tighter.
I’m expecting a big move soon, probably before this Friday and it could go either way.
I’ve highlighted the levels I’m looking at in green in case of a breakout and in red in case of a dump.
In other news
- Bitcoin average transaction fees reached levels as high as $6 after May the 20th, they are currently sitting at around $1 but still much higher than $0.3 as they where in January.
- Stampede Ventures has partnered with the Winkelvoss to produce a movie based on the brothers’ story based on the best-selling book “Bitcoin Billionaires”
- Sun Exchange, an African startup, raised $3 Million in series A funding . The company will allow to invest in solar panels that are used to produce and sell energy in Africa. They then pay the revenues back to the investor either via local currency or Bitcoin.
- World stock market keeps going up despite worrying news on unemployment and many businesses closing or announcing they will not open after the government lifts lockdown restrictions.
