On the morning of December 24, Bitcoin price is hitting the $4300 line. The price increase is good, but we'll have to wait and see if it goes up from the $4300 line to the next $4800 line. Once the RSI time-bar award has brought down the current figure, but the price is going up. It's a typical fall divergence. With the power of a steep rise, it seems more likely that prices will drop as time passes without breaking through the next line of resistance. We need to keep an eye on the current situation.
The worst week of the U.S. stock market since 2008. Dow Jones, 7% drop in a week
Will the launch of ICE BAKKT be delayed again?
SBS Special Announcement on December 30, ‘Where did the heat go? Ghost Money’
The U.S. federal government started a partial shutdown on Dec.22(local time) at midnight.
At the end of 2018, Crypto currency market and the global financial market are in a state of confusion. The article says the U.S. stock market had its worst week since 2008. Dow Jones is 7% drop in a week. Accordingly Investors moved to Bitcoin and other assets, so It seems that price of Bitcoin has risen. In addition, the U.S. federal shutdown is now affecting Wall Street At a time when the existing financial market is shaky, it can be seen that crypto currency such as bitcoin is being tested for safety as the next investment. However, there is a growing possibility that ICE's BAKKT will be delayed again. Experts say the approval of Bakkt will inevitably go further because of financial disruptions in the U.S. government's continued shutdown. Most experts say they have reached a tentative conclusion that "it is unlikely to be approved on January 24." The current mood has been the price increase, with the positive impact on the crypto currency market. The programs that deal with the negative stories of the crypto currency market through an ICO-related fraud case by Korea public media on December 30 and The launch of Bakkt's delay could lead to Bitcoin price drop. I think continuous monitoring will be necessary in the New Year.
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