Information about Bitcoin Purchases Made in El Salvador Cannot Be Made Public

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Information about Bitcoin purchases made in El Salvador cannot be made public. BANDESAL, a national development bank in El Savardo, allegedly declined to provide the trustee, ALAC El Salvador, a non-governmental anti-corruption organization, with information about the nation’s Bitcoin acquisitions and transactions since the cryptocurrency became legal tender.

Citizens’ access to information on BANDESAL operations is restricted by secrecy. To protect national economic interests, no information on the Bitcoin Trust (FIDEBITCOIN) could be disclosed by the trustee or its board of directors, according to the BANDESAL’s refusal statement.

Key Bitcoin Coin Levels to Watch — November 2

On the 21st of September, the bearish direction of the Bitcoin price was rejected at $18182.00; this rejection led to the steady rise of BTC. In the days after, the market formed a bullish channel that first peaked at $20438.50, then, after retesting $19043.60, shot up again to $21064.20.Information about Bitcoin Purchases Made in El Salvador Cannot Be Made Public

The SuperTrend indicator turned green after the bullish trend line was retested at 19043.60. However, the market is already moving to retest another discount price level, more likely at $19689.80.
The TSI indicator confirmed the bullishness of the BTC market after the indicator lines crossed above its signal line. This is despite the move to retest at a lower price level.

The Stochastic indicator also indicates a bullish market but is on the verge of being overbought. At this current point, the market is expected to dive to $19689.80 to go and retest that level.

Bitcoin Key Levels

Resistance Levels: $19689.80, $20438.50, $21064.20
Support Levels: $19043.60, $18735.90, $18182.00

Total Market Capitalization: $1.01T
Bitcoin Coin Market Capitalization: $392.6B
Bitcoin Volume: $40.5B
Market Rank: #1

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.