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On September 4th, it was reported that the London Stock Exchange has developed a new digital market business plan, aiming to become the first major exchange to offer extensive trading of traditional financial assets on blockchain technology. If successful, the London Stock Exchange will become the first large securities exchange to provide investors with an end-to-end blockchain-driven ecosystem. Cryptocurrencies are expected to be increasingly accepted by both institutions and individuals, and the long-term Bitcoin bull market is expected to reach $100,000.
Bitcoin has experienced a two-day rebound but is still under pressure from the upper moving averages on the daily chart, indicating a bearish trend in the current market. The resistance is around 26,500, and if this level is broken, the market can continue to rise. Otherwise, Bitcoin will continue its downward trend. In the short term, the support is around 25,800, and if it breaks this level, it is expected to drop to around 25,000. |
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Post time 8-9-2023 11:10:53