| Crypto-market After hitting a multi-month low of $6,094 on Tuesday, Feb. 6, Bitcoin is pushing over $8,000, trading at a price of $8,405 by press time and pulling the top '100 altcoins' up with it.
Price Analysis - The BTC/USD pair is likely to face resistance at $9,500.
- We might see the ETH/USD rally towards the $967 levels, where both the 20-day EMA and the 50-day SMA converge.
- The BCH/USD pair will enter a period of consolidation before embarking on an upward trend. The resistance is likely to be between $1150 and $1325 levels.
Read about our predictions for XRP, XLM, LTC, XEM, NEO, and EOS.
Why The Ethereumization Of Wall Street Is Inevitable Summary: - There are already more than 1,500 cryptocurrencies.
- Ethereum makes more than 80% of the whole market.
- All you have to do is create a smart contract to do an ICO, you don't need any intermediaries.
- VCs have to adapt or be history, and 'Wall Street' is next.
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