Good morning. Here's what you need to know to get started on Tuesday, August 20:
🔵 The price of bitcoin forms a "symmetrical triangle" pattern. This anticipates an imminent breakout and the following movements would determine whether it is up or down.
🔵 Bitcoin is already present in most of the large hedge funds in the US. These investment funds manage, together, about 50,000 BTC.
🔵 Ethereum fees are at their lowest in 5 years. Recent updates have lowered fees, although it could also be interpreted as a decrease in network usage.
🔵 The United States reviews the concept of money to include bitcoin and cryptocurrencies. The Treasury Department intends to modify the Bank Secrecy Act to include cryptocurrencies.