• VeChain has a bullish short-term trading bias, with the cryptocurrency advancing to a fresh 2019 price high
• The four-hour time frame shows that a strong bullish breakout has occurred
• The daily time frame is showing that multiple bullish patterns have been triggered

VeChain has surged after the project announced th

Bblockchain tech is rapidly gaining ground in the automotive sector. Thanks to its practically limitless applications, auto companies have been using the blockchain to handle data and transactions, to integrate themselves with the sharing economy, and to manage their supply chains.

In the past two months Binance, Poloniex, Bittrex, and Bancor have all decided to exclude U.S. customers from using parts of their exchange services due to regulatory concerns.

• Bitcoin has a bullish short-term bias, with the cryptocurrency trading at its highest level since March 2018
• The four-hour time frame shows that the BTC / USD pair has reached its invalidation target
• The daily time frame shows that the recent advance has created a huge inverted head and shoulders pattern

Bitcoin has a bullish short-term trading outlook, with the BTC / USD pair advancing to its highest trading level since March 2018.

• Aeternity has a bullish short-term bias, with the cryptocurrency spiking towards the best levels of the year so far
• The four-hour time frame is showing that a bullish inverted head and shoulders pattern has formed
• A large bearish pattern has now been invalidated on the daily time frame

Aeternity has a bullish short-term trading outlook, with the cryptocurrency spiking towards the current 2019 price high.

• Cardano has a bullish short-term trading outlook, with the cryptocurrency briefly advancing to a fresh 2019 trading high
• The four-hour time frame is showing that complex inverted head and shoulders pattern is unfolding
• The daily time frame is showing that a huge bullish pattern continues to take shape on the daily time frame

Fundamental Analysis

Satoshi Nakamoto’s whitepaper outlines a vision for a peer-to-peer payment system that runs on decentralized architecture and has no use for an authoritative middle-man. The idea of a permissioned blockchain was nowhere to be seen. (In fact, the word blockchain was not actually mentioned in the whitepaper at all.)

Binance announced a new asset-backed token last week. Known as BTCB, it is backed by a reserve fund of Bitcoin (BTC) and will enable users to exchange the coin’s value on the Binance ecosystem.

MyEtherWallet (MEW) users will now be able to generate Dai straight from the interface, marking another important step for the platform as it expands its offering into decentralized finance.

Bitcoin has soared through $10k – and even peaked well above $11k earlier today – but we need to caution our readers that it’s not going to be entirely smooth sailing all the way to new all time highs. There will be peaks, but there will also be troughs.

After such a prolonged bear market, and an extremely exciting start to 2019 for the price of BTC, many people have forgotten just how many ‘catastrophic’ dips there were during the 2017 bull run.