bitcoin price
Economist paints woeful outlook if Bitcoin were to ever succeed | CryptoSlate
published: 1 hour ago
London School of Economics teacher Jon Danielsson argues that Bitcoin and fiat currency cannot co-exist.
smart summary beta
The price broke the 23.6% Fib retracement level of the upward move from the $50,634 swing low to $57,500 high. The first major resistance is near the $57,500 high. The next major support is near the $52,500 level (a multi-touch zone). If there is a clear break and close below the $52,500 support, the price could decline towards the $50,000 level in the near term.
