empty
 
 
17.11.2017 10:44 AM
Bitcoin analysis for 17/11/2017

Ukraine is consistently pursuing the legalization of Bitcoin in the country. On October 30, Nina Yuzhanin, Chair of the Commission for Tax and Customs Affairs, submitted a draft law amending the tax codes of Ukraine covering cryptocurrency and their derivatives. Under the law, any income and profits from the digital currency will be tax exempt, including purchases, sales, transactions, and mining. Based on the note attached to the project, the tax exemption is intended to create an effective mechanism to stimulate the digital currency market in the country.

The bill on tax exemptions, referred to in Act No. 7246, is the third proposal made in the Ukrainian parliament to regulate the use of cryptocurrency. The first law to set up virtual currencies, such as Bitcoin, private property that can be exchanged for goods and services, was filed in early October. In the second half of October, a second project entitled "On stimulating the cryptanalyst market and their derivatives in Ukraine" was launched. The project was aimed at recognizing digital currencies as financial assets.

Let's now take a look at the Bitcoin technical picture at the H4 time frame. The price had made a new, marginal higher high at the level of $7,989 so the overall count has been relabeled. Currently, the bullish impulsive scenario shows a possible termination of the wave 5 green as the trend is mature. The H4 chart shows the invalidation level for the current bullish impulsive scenario of a lesser degree at the level of $6,467.

This image is no longer relevant

This image is no longer relevant

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $8000 más!
    ¡En Marzo, sorteamos $8000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback