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NEW: Japan's SBI Shinsei Bank will let customers convert a portion of their deposit interest into $BTC, $ETH, or $XRP, launching as a pilot on June 10. https://t.co/G03InmKeKi
#Bitcoin is stalling beneath $65K as breaking that level would trigger a strong run to $72-74K.
The $65K support level was the previous level of support after the crash early in February and is now acting as the resistance to break through.
If it happens for Bitcoin's price to break through that resistance, I think that we'll be able to run fast towards the other side of the range, namely $72-74K.
I don't think it will take long before the markets will be doing this, as the recent selloff was relatively irrational.
SpaceX launches its IPO THIS WEEK at $1,750,000,000,000 and EVERY index fund that tracks it will be FORCED to buy shares backed by 18,000 Bitcoin!!! 😱😱😱
IS BITCOIN ABOUT TO GET TRILLIONS IN PASSIVE FLOWS OVERNIGHT?!!! 🔥🔥🔥 https://t.co/QrxSO4a1JK
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Probabilistic Price Forecast (Next 24 Hours)This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
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