BitDigest April 15 · Issue #637
Apr 15, 2020
Author
- Crypto prices unchanged overnight
- Reports are flying out of China that its central bank digital currency has gone into testing across four different regions and its national blockchain network will go live today
- The FBI is the latest national security organization to warn about an increase in crypto scams related to the COVID-19 pandemic.
TechnicalRoundup’s weekly view on bitcoin/dollar is bearish based on bitcoin’s recent difficulty in closing above $7,000. “Nevertheless, as time has progressed, a counter-argument is starting to emerge. Bitcoin/Dollar has been testing the $7000 area for several consecutive weeks now, and no strong rejection has materialized. This could be interpreted as evidence of weakening resistance following recurring tests.”
