David - Cryptocurrency Enthusiast
Optimism is high for the potential for gains in the price of Bitcoin, according to a recent analysis of the relative strength index (RSI). The analysis suggests that a new "big rally" for Bitcoin is on the horizon, with conditions similar to those seen after the bear market of 2018. The RSI, a tool used by traders to determine if an asset is overbought or oversold, has reportedly printed a never-before-seen bullish divergence on weekly timeframes, an indication that the current rally could be sustainable.
Traders are feeling confident in the future of Bitcoin, despite some scepticism about the longevity of the current rally. One popular trader, Crypto Wolf, notes that the RSI's bullish divergence is a rare and exciting opportunity for cryptocurrency Investment. He states, "BTC printed a rare weekly RSI bullish divergence. Never happened in BTC history, a once in a life opportunity."
Trader and analyst Trader Tardigrade, also known as Alan on social media, predicts that the positive trend will continue for some time. He states, "BTC has been repeating the pattern in RSI and Price Action to 2019 bottom," and that a "big rally will be following after some consolidation."
With the RSI at near 87 at the time of writing, it is at its highest level since January 2021, months before the all-time highs of $58,000 in April and $69,000 in November. If you're interested in buying Bitcoin online, now may be a good time to consider it as a potential investment. With cheap Bitcoin options and easy registration, buying crypto has never been more accessible.
Make sure to visit BCBitcoin – a cryptocurrency broker. Here you can buy Bitcoin quickly and easily.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards