Blockchain and cryptocurrency research firm Diar has released a report that reveals a sizeable drop in crypto trade volumes in January 2019 for popular crypto exchanges Binance, Gemini, OKEx and Coinbase.
There are major resistance levels to consider when viewing the health of the bitcoin market, but given the strength of the current move, it seems likely we will see a continuation of the uptrend in the price of bitcoin.
According to Abra CEO Bill Barhydt, everyone should have access to capital markets, regardless of where they live in the world or the amount of capital they have at their disposal. This is where Bitcoin comes in.
The $3,000 level is one of the few established levels that has proven to hold up during a support retest, and right now, it looks as if the price of bitcoin will get a slightly deeper test of the $3,000 values.
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market as it prepares for bitcoin’s next price move:
For the last week, bitcoin has been pretty tightly coiled in a relatively narrow range. A breakout of the range in either direction will likely yield a strong continuation in the direction of the breakout.
Investors who use BitGo's custody service can now trade their assets directly from their BitGo custody account, without the need to move the assets to an exchange.
PREDICT BITCOIN
