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A culmination of 40+ years of research in computer science, blockchains enable strong encryption and independent transactions to exist on a fully decentralized, global network of independent nodes that are community owned and monitored. The blockchain is a perpetual stream pulling the world towards automation of all data tracking and securitization processes, an absurdist Hail Mary to get rid of paper files and paper cash.
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B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin
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Bitcoin has fallen sharply through the December 2019 lows in a trend sequence (wave C) that should be proportional to the first leg down (wave A). This gives an equality target of 3064 which is just below the major low of 2018. We can see the wave C is already mature and should have one last leg down. However, any new low would invalidate our view of a trend higher from the 2018 low and while we could see a large bounce from 3064 it will not go to new highs and will have longer term implications. We will deal w8th these if and when a new low is made.