Bitcoin Cryptocurrency Ichimoku analysis - might be a rebound after serious slump , records loss
A cryptocurrency (or crypto currency) is a controversial digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. ---- Wikipedia This is my first blog about cryto currency, thus I added a explanation from Wikipedia. Next we are going to talk about bitcoin Explanation is here at Wikipedia https://en.wikipedia.org/wiki/Bitcoin As we are going to talk about Ichimoku , a technical charting style, on bitcoin Denominator Btc can be divided by anything. By anything, its means things like currency or other coins. It can be under gold etc, but that's not under our discussion here. Thus if you search btc, you likely to see btc/usd, btc/eth , etc btc/ use means btc vs the price of usd$ btc/eth means btc vs the price of eth ( ethereum) This 2 are the most common. BTC/USD Today my chart is on btc/usd. why? its more simple as most people
