฿ Bitcoin BTC/USD Daily Video, November 28, 2022

Sive Morten

Special Consultant to the FPA
Messages
16,934
Good morning,

BTC now is coming to the point where bulls have to make a decision on position taking - price is near $15.95K right arm's bottom on 1H chart. We're skeptic on any bullish signals right now and mostly watch for the H&S failure and downside continuation:

 

Sive Morten

Special Consultant to the FPA
Messages
16,934
Russia call on crypto or rather bank settlement future to be based on blockchain. Hope it would be backed with some hard asset https://www.kitco.com/news/2022-11-...dent-blockchain-based-settlement-network.html
Hi Pieter, yes, the concept is not new. As I've heard some plans in cooperation with BRICS, mostly China. It should be backed by real assets, ultimately to gold, or more probable to some commodities basket.
Here is the project under way. It is not operational yet, but gives the hint
 
Top