Intraday Market Thoughts

Bitcoin Falls into H&S Formation

by Ashraf Laidi
Jul 10, 2017 16:05

Bitcoin is set to post its first 3-day consecutive daily drop in nearly 4 months. Meanwhile, digital currency traders are brushing up about the biggest potential development currently surrounding Bitcoin. The likely introduction of a “fork” -- a modification of the code aimed at addressing the need to scale Bitcoin blockchain network, is being widely discussed to address the issue of speed. Full piece here.


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