Bitcoin analysis for 10/10/2017

Bitcoin analysis for 10/10/2017:

Due to the growing fear of voting fraud, Blockchain-based projects are now able to secure a digital voting card or voting system to prevent election fraud. The votes would be invariable and would be available to everyone. In the Blockchain system, voters can then cast votes from mobile phones or PCs that are then recorded in Blockchain's unchanged program and used to validate the results of the election.

Blockchain technology will revolutionize the global political landscape towards direct democracy, where voters can decide on the course of government policy. A digital voting card is a smart and cost-effective solution that effectively improves voting procedures. This system eliminates issues such as manipulation, error logging and manipulation. Although voting solutions based on the Blockchain strategy are still in their infancy, they are already showing a wide variety of uses. The ability of governments to engage and govern the constituency is crucial to the future of society, and should, therefore, promote the adoption of this technology to become a key part of the voting process.

Let's now take a look at the Bitcoin technical picture at the H4 time frame. This is the last chance for bears to push the prices down in order to complete the wave C to the downside. Otherwise, the alternative impulsive count will be in charge and that would suggest new all-time highs for Bitcoin before a corrective cycle of a larger degree will occur. The key level to the downside is $4, 618 and the key level to the upside is $4,968.

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The material has been provided by InstaForex Company - www.instaforex.com