ChartArt

ESPN was paid in Bitcoin - Bullish MACD crossover in daily chart

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BITSTAMP:BTCUSD   Bitcoin
Less bearish and more bullish signals in the 1-day chart. And we have positive news thanks to a Bitcoin payment service:

- BitPay Reveals it Paid ESPN Bitcoin for Sponsorship
www.coindesk.com/bit...in-bowl-sponsorship/
www.bizjournals.com/...-sponsorship-in.html

ESPN's slogan: "The Worldwide Leader In Sports". They are a U.S.-based global cable and satellite television sports channel. BitPay executive chairman Tony Gallippi announced that his company paid for its upcoming college football bowl game sponsorship in Bitcoin.

"The sponsorship's price was undisclosed, but it likely came in at about $500,000 a year over the course of the three-year contract." Tampa Bay Business Journal has estimated that its full contract with the broadcaster is estimated at roughly $1.5m over the course of three years.

Last high today was $515 after a $487 low several hours ago. We are above a two year weighted moving average.
(In the background of my chart are multiple Gann fans from 2011, 2012, 2013.)
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