Barron’s carried a story last week, citing that Bitcoin-backed mortgages are on the way. All it means is that home buyers will be able to exchange Bitcoin as collateral, as a bunch of crypto start-ups forays into the $2.6 trillion hottest mortgage market.
Amidst these headlines, investors are grappled with several questions, such as what it means for the future of the flagship cryptocurrency. Is it the start of a new
bullish wave in Bitcoin price? Will BTC price the moon to $100,000 soon?
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Bitcoin shows weak development in a falling trend channel in the medium long term.
This signals increasing pessimism among investors and indicates further decline for Bitcoin.
The currency has support at points 35000 and resistance at points 44300.
The currency is assessed as technically slightly negative for the medium long term
: Read detailed news
>>>>>>>>>>>>>> Click Here <<<<<<<<<<<<<
Bitcoin is in a falling trend channel in the medium long term.
This signals increasing pessimism among investors and indicates further decline for Bitcoin.
The currency has support at points 35000 and resistance at points 44300.
The currency is assessed as technically slightly negative for the medium long term.
: Read detailed news
>>>>>>>>>>>>>> Click Here <<<<<<<<<<<<<