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Daily Market Analysis By FXOpen
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[QUOTE="Resolve, post: 201653, member: 29339"] [B][SIZE=5]SATOSHI NAKAMOTO'S IDENTITY COULD BE REVEALED IN COURT[/SIZE][/B] The identity of bitcoin creator Satoshi Nakamoto, who had appeared exclusively online before vanishing in 2011, remains a mystery. The glory of the creator of the world’s principal cryptocurrency and alleged holder of 1.1 million bitcoins haunts many a crypto enthusiast. Various versions suggest that the bitcoin creator hiding under the pseudonym is Dorian Nakamoto, Nick Szabo, or Hal Finney, but these theories have not been confirmed. Today, the person in the media spotlight is Craig Wright, a programmer who, for several years now, has been claiming he is the notorious Satoshi Nakamoto. While the general public considers the evidence he’s presented to be inconclusive, his story has taken an unexpected turn. The family of Dave Kleiman, a programmer who contributed to bitcoin’s creation but died in 2013, sued Wright in Florida, demanding that he share the 1.1 million bitcoins. The family's lawyer claims to possess evidence that Kleiman had mined the coins that are stored in Satoshi's wallet. It is up to the court to rule out whether Wright is who he claims to be and whether he should share his stash of bitcoin. One important thing is that if Satoshi's identity is confirmed, Wright will become the most authoritative personality in the crypto world, dramatically affecting the BTCUSD rate. So far, bitcoin has been weakening, which we talked about in our earlier publications. November 10 (1) saw high sales volumes. They held back the upside attempt on November 14-15 (2) and jeopardized the trendline (3), which has now been broken. Note that the November 15 high (2) is 50% of the AB decline, while the November 14 bullish candlestick has low volume (5), implying weak demand. All of this paints a bearish picture. We expect an attempt to test the breakdown of line (3). [img]https://i.postimg.cc/YqyF2y5X/bt1.png[/img] [B][URL=https://t.me/s/fxopen_official]FXOpen Telegram Channel[/URL][/B] [/QUOTE]
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