Bitcoin analysis for 21/11/2017
November 21, 2017 10:21 amVideo
Latest News
- Trading Signals for EUR/USD for May 3-5, 2024: sell below 1.0803 (overbought – 5/8 Murray) May 3, 2024
- Trading Signals for GOLD for May 3-5, 2024: sell below $2,320 or below $2,300 (21 SMA – 200 EMA) May 3, 2024
- Technical Analysis – GBPUSD advances above descending trendline May 3, 2024
- USD experiences day X May 3, 2024
- Bitcoin licks wounds as Fed comes on the rescue – Crypto News May 3, 2024
- GBP/USD: trading plan for the US session on May 3rd (analysis of morning deals). The pound is preparing to get out of the May 3, 2024
- EUR and GBP may drop May 3, 2024
- EUR/USD: trading plan for the US session on May 3rd (analysis of morning deals). US data will be the key moment of the week May 3, 2024
- USD/JPY: Simple trading tips for novice traders for May 3rd (US session) May 3, 2024
- GBP/USD: Simple trading tips for novice traders for May 3rd (US session) May 3, 2024
- Video market update for May 03, 2024 May 3, 2024
- EUR/USD: Simple trading tips for novice traders on May 3rd (US session) May 3, 2024
- Could the BoE adopt a more dovish stance on Thursday? – Preview May 3, 2024
- EUR/USD. May 3rd. Bulls don’t give up without a fight May 3, 2024
- GBP/USD. May 3rd. Bears are counting on a strong US labor market May 3, 2024
- Market Comment – Stocks enjoy Fed-induced bounce as dollar slips ahead of NFP May 3, 2024
- Weekly Forex Outlook: 03/05/2024 – BoE and RBA decisions headline a calm week May 3, 2024
- Week Ahead – BoE and RBA decisions headline a calm week May 3, 2024
- USD/JPY: trading tips for beginners for European session on May 3 May 3, 2024
- GBP/USD: trading tips for beginners for European session on May 3 May 3, 2024
Blockchain revolutionizes the world in many ways, starting with banking and finance, through the transport and distribution of goods and services to Sci-Fi visions. Speaking here mainly about the internet things. First of all, let’s take a look at the lock in the public locker room and the armband, between which a smart agreement can be made, allowing the user to use the locker room and pay in real time. This usage case describes how Blockchain would release this simple operation by releasing it from centralized databases containing client entry, rental time, security, lock, etc. However, they are currently working on something much bigger.
Uber is working with NASA and several aerospace companies to launch a flying car project. Volvo’s parent company designs futuristic vehicles that can fill the sky in two years. The Uber Elevate project implements Blockchain technology for vertical takeoff and China plans to start selling 2019 flying cars.
It’s all about air taxis, which, thanks to the Blockchain platform, enable the entire ecosystem of vehicles, charging stations, parking and customer service to run smoothly and seamlessly. There is already a solid infrastructure needed to implement flying cars. Roofs in large metropolitan areas are equipped with functional helicopter airports, which are very rarely used at the moment. Big cities like Tokyo, Seoul and Los Angeles boast over 70 landings. Regarding the legislation, Dubai, Singapore and other modern governments ready to accept small commercial aircraft will be an important example for regulating air traffic that will inevitably have to match the market expectations.
In addition, the urban air transport market is estimated at $1.2 billion, which should suffice for rapid advances in air transport technology. Blockchain as a platform allows you to order an air taxi and pay in Bitcoin or another cryptocurrency. Each time a transaction is made, an intelligent agreement is signed that stores service delivery information, payments and vehicle load. This is an excellent example of how future transport can absorb the best available technology.
Let’s now take a look at the Bitcoin technical picture at the H4 time frame. The projected target for the wave -v- at the level of $8,365 has not been hit yet, but the recent developments might indicate the top for this wave might be in place already. Any violation of the level of $7,423 (weekly pivot point) will be treated as the first confirmation of the temporary top. The key support for the price remains at the level of $6,768.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: