Cryptocurrencies Surge as Bitcoin Breaks ,000 – NEWSBTC 09/28/2017
It’s Thursday, September 28th, I’m Kiana Danial, CEO of Invest Diva with NewsBTC and here is your crypotocurrency update. Major cryptocurrencies including Bitcoin, Ripple, and Ethereum saw a massive boost on Wednesday versus the USD, even though the USD itself was rallying. Bitcoin’s surge, in particular, was noticeable as it broke above the 4,000 resistance level and could be aiming to reach the next resistance level of 4,354. However, both BTC/USD and BTC/JPY both remain inside the daily Ichimoku cloud and the Kijun-Tenkan crossover has yet to happen. The surge happened as trend forecaster and commentator Gerald Celente said in a new interview with The Street, that he believes that banks are “afraid” of bitcoin. He believes banks are fearful that bitcoin and cryptocurrencies will “take away their business,” going so far as to argue they’re “trying to kill it.” The XRP/USD pair tested the daily Ichimoku cloud briefly before pulling back, and it appears to be ranging within the 0.17 and 0.25 levels. Thanks for watching, invest responsibly, and I’ll see you with more updates next time.
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