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@cryptowind_trading_signals 👈
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@cryptowind_trading_signals 👈
#BTC Update
Hello everyone, the current price of Bitcoin is $9,303, with around 7.3 billion USD in trading volume at 9:08 AM (Central US) and 2:08 PM (UTC). The price of Ethereum is $750, with trading volume at 2.9 billion USD.
In order for the channel we mentioned yesterday to continue, Bitcoin’s price required a healthy bounce between $8,950-9,050. We saw exactly this with a swing low reversal on the 4hr chart as Bitcoin deviated from a falling wedge that had been developing since $9,900. This essentially means that at the pivotal channel support, which Bitcoin has remained in since Apri
😇Wall Street analyst and head of the Fundstrat Global fund Tom Lee, who predicted a break of the bitcoin rate from the minimum values in mid-April, believes that a new crypto rally will begin after the Consensus-2018 conference - the largest international event in the world.
According to official data, more than 7,000 people are going to attend the conference this year, which is much higher than in previous years. As history shows, the more visitors to the Consensus, the stronger the market momentum, the next immediately after its completion.
Bitcoin storage provider Xapo now holds about 7% of the world’s total Bitcoin supply in its vaults, “roughly” amounting to $10 bln, Bloomberg reports May 9
https://goo.gl/kFY5Fa
Cointelegraph
Bloomberg: 7% Of Bitcoin Supply Held In Cold Storage Vaults By One Company
Over $10 bln in Bitcoin is now under the control of Xapo in its network of vaults, unnamed sources have told Bloomberg.
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