SkrillaKing: What is the ideal Bitcoin Buy Zone?
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Today we have a look at the markets. Icon (ICX), Ethereum Classic (ETC) and Basic Attention Token (BAT) are all up double digits today, while Egretia (EGT) continues it's fall from $0.10 USD.
Austrailia is putting pressure on cash transactions over $10,000 in an attempt to combat criminal activity. However, for those non-criminals, it forces them to hold their funds in banks and use banking services to conduct transactions.
Is this a continued effort to thwart cryptocurrencies like Bitcoin (BTC) becoming a popular alternative to traditional FIAT?
Lastly I look at Jacob Canfield's "Ideal bitcoin buy in" of $8,900 to $9,100. There's no guarentee we will get there, as Bitcoin (BTC) has shown strong support at $10,000; but if you've been in this market for any length of time you know that Bitcoin (BTC) can get there very quickly.
What do you think? Where is Bitcoin (BTC) headed?
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#Bitcoin #Blockchain #crypto
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