Hi Crypto Academy Network, Despite the slight downturn, the institutional adoption of Bitcoin continues to increase. Filings with the United States Securities and Exchange Commission show that four wealth management firms have bought shares in Grayscale’s Bitcoin Investment Trust. Bitcoin has picked up momentum after breaking out of the descending channel. The rising 20-day exponential moving average (EMA) and the relative strength index (RSI) near the overbought zone indicate advantage to buyers. The bears are currently attempting to stall the up-move at the overhead resistance at £42,653.53 but a positive sign is that bulls are not giving up much ground. This suggests that traders are not booking profits in a hurry and increases KEY TRADING LEVELS Top Content This Week! Btc Price hits $57K Five Month | | | | Bakkt crypto exchange partners | | | | McDonald's China to give away 188 NFTs | | | | Top Article This Week! | | DISRUPTING DEFI, INSURACE.IO | | | | GENIUX ICO: YOUR OPPORTUNITY | | | | | Earnings Disclaimer The information you’ll find in this email is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgment and perform due diligence before using the information in this email. Your success is still up to you. Nothing in this email is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. We also recommend that you check all UK laws to make sure you are in compliance when you create your online business. If you break the city or other local laws, we will not be held liable for any damages you incur |
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