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Is #bitcoin a safe haven asset?
With major central banks cutting interest rates, it could be argued that Bitcoin is actually doing what it was intended to do, to provide an alternative to government controlled monetary value.
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Major falls across the market overnight. #Bitcoin shed 8% to USD$10,050 and is currently at USD$10,150, under the trend line that has been intact since the major rally starting early April.
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#Litecoin surged briefly to USD$109 on the back of the halving but wicked straight back under USD$100 trapping eager bulls. Where to from here?⠀
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#Bitcoin has broken key resistance at $11,000. Next stop top of the descending channel and $12,000 resistances. Subscribe to https://t.co/HPMYvrY2Q5 for our updates #BTC#XRP#Ripple#Crypto#Cryptocurrency
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