Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel!
published: 8 minutes ago
In a recent video debate, Pierre Rochard clashed with Jorge Stolfi on whether or not Bitcoin should be viewed as a Ponzi scheme.
smart summary beta
It traded to a new all-time high near $2,040 and settled well above the 100 simple moving average (4-hours). There was a break above the 50% Fib retracement level of the recent correction from the $2,040 high to $1,813 low. It coincides with the 61.8% Fib retracement level of the recent correction from the $2,040 high to $1,813 low. The first major support on the downside is near the trend line support and $1,850.