Crypto Diaries: Reviewing Major blockchain developments & Upgrades

3 min read

Crypto Markets have gone into corrective mode ever since Bitcoin hit the high of $9K on May 30th. The Short term bias has turned bearish after showing signs of exhaustion with a two-month bull run behind it. The immediate downward trend is set to continue but downside should be contained above the $6800-$7000 support zone. On the top side, $8000-8200 resistance zone needs to be pierced convincingly to start a new up-leg. BTC dominance stands at 55.3% with a total market cap of $250 billion at the time of writing. Moving on the next order of the day are some…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.