{"id":387784,"date":"2019-06-27T18:00:17","date_gmt":"2019-06-27T18:00:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=387784"},"modified":"2024-06-11T13:44:42","modified_gmt":"2024-06-11T13:44:42","slug":"bitcoin-btc-prices-striving-for-equilibrium-new-billionaires-registered","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-btc-prices-striving-for-equilibrium-new-billionaires-registered\/","title":{"rendered":"Bitcoin (BTC) Prices Striving For Equilibrium, New Billionaires Registered"},"content":{"rendered":"
While Bisq is registering new BTC trade volumes following the migration of traders from LocalBitcoins, The Winklevoss Twins are the latest Bitcoin billionaires. Because of recent price spikes, their wealth swelled to over $1.4 billion. Even so, it seems like the euphoria is over, and BTC bulls are taking profits as prices drop 8.1 percent in 24 hours.<\/em><\/p>\n The recent price rally from $10,000 to over $13,000 was a spectacle. However, such bursts often cause price imbalances. As such, a correction back to equilibrium was inevitable. That retracement, cooling off bulls, is in progress.<\/p>\n By dropping $1,500 in the Asian session, there will be an opportunity for better entries for enterprising traders. Although sell pressure could increase due to profit taking, BTC would likely tumble to within the $10,000 support zone if candlestick arrangement leads this projection. However, away from prices, it has been a blissful week for Bisq.<\/p>\n Competing with the hemorrhaging LocalBitcoins<\/a>, statistics from CoinDance<\/a> reveal that the platform is receiving record trading volumes. Expectedly, considering the drastic rise of BTC prices, the scramble for the valuable asset was anticipated.<\/p>\n On June 22, BTC related volumes in the decentralized exchange spiked to $6.1 million, the best since inception. Most of these fiat trading volumes were from Brazil<\/a> as well as the UK.<\/p>\n Meanwhile, Bisq wasn\u2019t the only beneficiary. The brains behind the regulatory complaint crypto exchange, Gemini<\/a>, The Winklevoss Twins, were restored to the Bitcoin Billionaires status. The Twins\u2019 Bitcoin fortune doubled to slightly over $1.4 billion according to reports from Bloomberg.<\/p>\n <\/p>\nBitcoin Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Candlestick Arrangement<\/h3>\n