Hana no ke kālepa kope. ʻO kā mākou Algo e wehe a pani i nā kālepa.
Hāʻawi ka L2T Algo i nā hōʻailona waiwai nui me ka liʻiliʻi liʻiliʻi.
24/7 kālepa cryptocurrency. I kou hiamoe ʻana, kālepa mākou.
10 mau minuke hoʻonohonoho me nā pōmaikaʻi nui. Hāʻawi ʻia ka manual me ke kūʻai.
79% Laki holomua. ʻO kā mākou hopena e hoʻohauʻoli iā ʻoe.
A hiki i 70 kālepa i kēlā me kēia mahina. Loaʻa ma mua o 5 mau pai.
Hoʻomaka nā kau inoa o kēlā me kēia mahina ma ka £58.
The cryptocurrency has been weakening ahead of the event and has plunged by about 3.5% at the close of the London session on Tuesday, after recording an $11,823 high in the early Asian session yesterday. Traders have been hesitant to take long positions on Bitcoin frankly because of the upcoming event.
The Federal Reserve’s Jackson Hole Symposium
The US Federal Reserve Chair, Jerome Powell, will be speaking virtually at the symposium later this week and will be shedding more light on how the Fed plans to tackle the weak economic growth.
In the minutes of the Fed’s July meeting, they gave a detailed overview of what their long-term plans were and hinted that they were ready to tolerate higher inflation rates given the condition of the times. While that should have caused a frenzy for safe-haven assets like Bitcoin, the prevailing uncertainty among investors kept a lid on any significant gains in Bitcoin.
Meanwhile, the US dollar (DXY) has been significantly strong following recent positive developments around the Coronavirus crisis and the US-China relations.
Traders are now looking towards Powell’s speech on Thursday for clues. Bitcoin is expected to recover fully or continue on its bearish correction depending on whether the Fed Chair’s comments are dovish or hawkish.
Nā Pae Ki e Nānā
Bitcoin remains in a strong corrective mode and is quickly approaching the $11,000 psychological line. The benchmark cryptocurrency is now contending with the $11,200 key support, which if broken, could send Bitcoin to $11,000 and subsequently to the $10,800 strong support. However, a further decline from that level is not ruled out with $10,500 being the last possible base of this correction in the meantime.
For Bitcoin to regain its bullish standing, it has to take back the $11,800 resistance.
Ka nui o ke kapikala makeke: $ 349 ieeeea?
Kapikala makeke Bitcoin: $ 207 ieeeea?
Hoʻohanohano ʻo Bitcoin: 59.3%
'Ōlelo Aʻo: E aʻo2. ʻAʻole ʻo Market he aʻoaʻo aʻoaʻo kālā. E hana i kāu noiʻi ma mua o ka hoʻopukapuka ʻana i kāu kālā i kekahi waiwai kālā a i hōʻike ʻia i ka huahana a hanana paha. ʻAʻole mākou kuleana no kāu hopena hopena hoʻopukapuka
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