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Industry news:
After the DApp browser MetaMask got removed from the Google Play Store, Apple followed suit and is forcing crypto exchange Coinbase to remove the DApp browser feature from its iOS app. While many saw this as blatant censorship and a danger to the crypto industry, it goes to show that the DApp market has gotten so big, it's putting both Google and Apple at risk.
Technical analysis:
Bitcoin has been trading inside of the consolidation at the price of $7.217 and potential for the further downside movement. I do see potential completion of the upward correction ABC (running flat), which is a sign that selling is in play... Watch for selling opportunities and target at the price of $6.455.
MACD oscillator is showing neutral stance and contraction, which is sign that there is the big move that is coming and potential expansion period.
Yellow rectangles – Current trading range
Resistance levels are seen at the price of $7.400 and $7.700
Support levels are set at the price of $7.030 and at the price of $6.455
Díky analytickým přehledům společnosti InstaForex získáte plné povědomi o tržních trendech! Jako zákazníkovi společnosti InstaForex je Vám k dispozici velký počet bezplatných služeb umožňujících efektivní obchodování.
