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Lightning Network Reaches Marathon 600 BTC Capacity - Bitcoinist.com

Lightning Network Reaches Marathon 600 BTC Capacity - Bitcoinist.com

The Lightning Network on Bitcoin passed a fresh milestone this week, taking its overall capacity to over 600 BTC ($2 million) for the first time. 1 Year, The Lightning Network on Bitcoin passed a fresh milestone this week, taking its overall capacity to over 600 BTC ($2 million) for the first time.
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Bitcoin Prehistory
And this doesn't even includes all attempts at doing electronic money, virtual money...

Bitcoin Prehistory And this doesn't even includes all attempts at doing electronic money, virtual money...

Bitcoin Prehistory
And this doesn't even includes all attempts at doing electronic money, virtual money and digital money. But suffice to say that the road for Bitcoin to be even possible was almost 50 years long if you also count from mere conceptualizations and ideas.
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Hello Traders

Hello Traders

Hello Traders

In the above #chart it is possible to see the formation of a perfect symmetrical triangle, it is a consolidation figure that statistically has above 70% chances of breaking in the direction of its trend (in this case uptrend, since the mast came from below), but this time a break up would not mean much, since we have just above the triangle a very important downtrend line started on December 23, so even if this breakup occurs we will find a very important resistance that probably will not allow the #price to rise consistently.
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Thanks to #BitCoin, my kids are going to college! All other payment options fell through. Sold some ...

Thanks to #BitCoin, my kids are going to college! All other payment options fell through. Sold some ...
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Olá! Sou estudando de Sistemas de Informação e estou realizando uma experimentação científica através...

Olá!
Sou estudando de Sistemas de Informação e estou realizando uma experimentação científica através...
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https://telegra.ph/Localbitcoin-Trade-Bot-08-16

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BITCLUB - SIMPLE THE BEST!!!

BITCLUB - SIMPLE THE BEST!!!
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For bitcoin (BTC), the path of least resistance is to the upside, according to technical charts.

For bitcoin (BTC), the path of least resistance is to the upside, according to technical charts.


At press time, the leading cryptocurrency is changing hands at $6,430 on Bitfinex – up 9 percent from the Aug. 14 low of $5,859.


However, BTC has failed three times in the last 72 hours to hold on to gains above $6,500, with the latest attempt to scale the psychological level failing a couple of minutes before press time. This may force investors to question the sustainability of the recent rally.


But such concerns may be unfounded, as the bullish bias has only strengthened in the last 24 hours, as seen in the technical charts below. As a result, BTC could rise toward $7,000 (psychological resistance) over the weekend.




4-hour chart: Bull breakout confirmed





BTC scaled the channel resistance (top end) earlier today, confirming a bullish breakout, that is, the sell-off from the July 25 high of $8,507 has ended and the bulls have regained control.


A closer look at the chart reveals the top end of the channel has been playing a spoilsport since Wednesday. Hence, it seems safe to say the bulls are feeling emboldened, having crossed a key hurdle.


The cryptocurrency has also found acceptance above the 50-candle moving average (MA) and looks set to test the 100-candle MA, currently located at $6,725.


1-hour chart: Bull flag breakout on the RSI





The relative strength index has witnessed a bull flag breakout – a bullish continuation pattern – which indicates BTC could soon pick up a strong bid and jump to the inverse head-and-shoulders neckline of $6,715.


Acceptance above that level would open the doors to $7,500 (target as per the measured height method).


Daily chart: Short-term MAs adopting a bullish bias





The 5-day MA is beginning to rise in a bull-friendly manner and has almost crossed the 10-day MA from below (bullish crossover). This change of direction by the 5-day and 10-day MA points to a short-term bullish setup.


View



BTC remains on the hunt of the inverse head-and-shoulders neckline resistance of $6,715. A bullish breakout, if confirmed, would validate the bearish-to-bullish trend change suggested by the 4-hour chart and allow a sustained move above $7,000.
On the downside, a break below $6,213 (low of the right shoulder of the inverse head-and-shoulders pattern) would abort the bullish view.

Disclosure: The author holds no cryptocurrency assets at the time of writing.


Bitcoin image via Shutterstock; Charts by Trading View




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Innercore - Bounty (15,000,000 CORES)

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Binoption on Twitter

“⏩Crypto market saw a decline in the value of tokens
⏩VeChain increased by nearly 90 percent against the US dollar
⏩Bitcoin will minimize its loss at around the $6,400 region and tokens find their momentum
#crypto_news
#price_bitcoin”
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Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What?

Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What?
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