Expected trading for today is between 10700.00 support
and 12900.00 resistance
All of us kow bitcoin investors like the concept of anonymity. Removing this is viewed by some experts as taking away the biggest dangling carrot of bitcoin.
My point of view:
Removing the concept of anonymity will have impact but will not lead the bitcoin price.
Yes it is not easy to get rid of Bitcoin, as we are still in the wild / fear zone 10700.00- 12400.00/.
But I believe Bitcoin Hodling is the way to go. Because :
The increase in transaction volume that I saw the last hours is the first indicator that more people are using this in their daily lives.
Lightning network just came online and start to remediate the slow transactions and the high fees.
Only trade if you have previous experience!
Bitcoin price now is around 11800.00 / the fear zone/ but the trend is bullish.
Technical indicators signal that buyers have the upper hand and bitcoin price might move towards 12400.00 level.
Breaching 12400.00 level and hold above it, will push the price towards 12900.00 level.
Note; Breaking 10700.00 level and hold below it will cancel the bullish wave.
Expected trading for today:
is between 10700.00 support and 12900.00 resistance.
Expected trend for today : Bullish.