Dear Non-Crypto Friend,

You may have heard of Bitcoin – you may even have considered using it as a means of payment, or investing some money in it with the hope that it might rise in value, like a stock. Bitcoin is a cryptocurrency – a digital asset that exists on an immutable ledger, open to all and completely transparent.

And perhaps you decided to pass on Bitcoin for now, until the technology was more mature, or easier to access, or for a dozen other valid reasons.

A bear market casts a long shadow. Crypto’s total value may have doubled since December, but it turns out that some companies in the space are still reeling from the downturn.

One such company is blockchain-agnostic solutions provider, Dispatch Labs, which Crypto Briefing has learned has been running very low on operational capital for months. The company has now been forced to attempt an additional raise so it can bring a working product to market.

• Chainlink has a bullish short-term bias, with the LINK / USD breaking out to new all-time price high
• The four-hour time frame is now showing that a bullish inverted head and shoulders pattern has been ignited
• The daily time frame is showing a large bullish pattern with scope for further upside

LINK has surged after the integration announcement with Google.

• Bitcoin has a short-term bullish bias, with the cryptocurrency once again hold price above its 200-period moving average on the four-hour time frame
• The BTC / USD pair needs to break above neckline resistance at $8,500
• The daily time frame continues to show that the $10,000 level remains a valid bullish target

Bitcoin has a bullish short-term trading outlook, with the BTC / USD pair continuing to hold price above its 200-period moving average on the four-hour time frame.