Things arent exactly going as planned this week We noted at the beginning of the week that we would be pretty surprised if we saw price break below the 1100 mark We based this on the idea that longer term support should hold at that level and that there would be enough friction to the downside to solidify it as a key level Well while this suggestion hasnt yet been invalidated by action in the bitcoin price it looks as though its about to be tested

Travis Kling Chief Investment Officer and founder of Ikigai Asset Management has called for harmony within the crypto community His tweet talks about the inevitable explosive growth of crypto but warns against petty squabbling which he sees as harmful to the longterm viability of cryptocurrency

The government in Turkey does not intend to impose a 40percent levy on cryptorelated gains as has been alleged members of the ruling AKP party have indicated to the local press They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for the blockchain industry

Things arent exactly going as planned this week We noted at the beginning of the week that we would be pretty surprised if we saw price break below the 1100 mark We based this on the idea that longer term support should hold at that level and that there would be enough friction to the downside to solidify it as a key level Well while this suggestion hasnt yet been invalidated by action in the bitcoin price it looks as though its about to be tested