{"id":878,"date":"2019-04-09T23:00:36","date_gmt":"2019-04-09T22:00:36","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=878"},"modified":"2019-04-10T08:25:34","modified_gmt":"2019-04-10T07:25:34","slug":"bitcoin-for-10-04-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/04\/09\/bitcoin-for-10-04-2019\/","title":{"rendered":"Bitcoin for 10\/04\/2019"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><strong>Bitcoin #CAC40 #Japan <\/strong>\nWonder if this would crash or just do nothing, ever again, if renamed BRITcoin? Our distrust of Bitcoin \nremains as strong as ever, though the fake currency is starting the exhibit some \ninteresting potentials for the longer term. Or given the speed it can sometimes \nmove, anytime soon!<\/p>\n\n\n\n<p>For us, the key number against Bitcoin is now at 5398. \nEssentially, if it closes a session above such a point, we can extrapolate \ncoming recovery to an initial 6034. If exceeded, our secondary calculates at \n7496 but before considering such, it&#8217;s worth dwelling on the visual implication \nat 6034. Such an ambition virtually matches a plateau achieved during 2018 with \nthe inevitable suggestion any rise shall find a glass ceiling awaiting at the \n6,000 level.<\/p>\n\n\n\n<p>Remaining on the subject of visual implications, it \nappears the price of Bitcoin has successfully extracted itself from the ruling \ndowntrend and now, appears to be making an effort. However, there is the RED \nline across the bottom of the chart, presently at 3485. Concern would be \njustified with weakness below this level, now signalling the potential of travel \nto 2778. In itself, not particularly alarming as the entity would need trade \nbelow 2035 to justify outright panic. <\/p>\n\n\n\n<p>At present, 2035 signals our &#8220;ultimate&#8221; bottom for \nBitcoin, this being the level we cannot calculate below. Absolutely nothing \nsuggests this is a risk.&nbsp; For now, anyway!<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/btc090419.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/Noname1.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<h5 class=\"wp-block-heading\"> 9\/04\/2019 FTSE Closed at 7425 points. Change of -0.35%. Total value traded through LSE was: \u00a3       5,955,046,308 a change of 21.99%\n\n\n<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin #CAC40 #Japan Wonder if this would crash or just do nothing, ever again, if renamed BRITcoin? Our distrust of Bitcoin remains as strong as ever, though the fake currency is starting the exhibit some interesting potentials for the longer term. Or given the speed it can sometimes move, anytime soon! For us, the key &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/04\/09\/bitcoin-for-10-04-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bitcoin for 10\/04\/2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-878","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=878"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/878\/revisions"}],"predecessor-version":[{"id":879,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/878\/revisions\/879"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=878"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}