Tag: bitcoin trading

Prominent Analyst: Bitcoin and Crypto Aren’t Heading Upwards, Big Drop Before Big Rally

Although that the crypto market saw a resurgence on Wednesday, together with resources such as Bitcoin submitting 5 percentage profits, the market stays in “purgatory,” where analysts are not too certain where prices will proceed . While ETNs shouldn’t be confused with the similarly-named ETF, lots of people and business leaders likened this new investment vehicle […]

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Bitcoin (BTC) Price Watch: Could This Be a Reversal Pattern?

Bitcoin Price Key HighlightsBitcoin cost seems to be forming a reverse head and shoulders pattern on its own 1-hour time period. This is regarded as a classic change signal and when verified, cost could pull up out of its earlier fall. Technical signs will also be reflecting the existence of bullish momentum. Bitcoin cost may […]

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Xapo Chairman Optimistic: Lower Bitcoin Price Means Better Opportunity to Buy it

Ted Rogers, the chairman of Xapo, a favorite Bitcoin wallet and vault operator, has stated that the lower cost selection of Bitcoin poses a greater chance to buy the digital advantage. Earlier this calendar year, Bloomberg reported Xapo, the go-to vault service supplier for large-scale retail dealers and associations, has been holding greater than $10 […]

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Does 50% Decline in the Turkish Lira Prove Bitcoin is Better Than Fiat?

The Turkish lira has fallen by 50 p.c since September 2017, from $zero.three USD to $zero.15 USD. While Bitcoin has fallen greater than the lira up to now 12 months, buyers of Bitcoin nonetheless are succesful to withdraw and money out their investments in crypto.Strict Capital ControlsCurrently, the worth of the Turkish lira in opposition to […]

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Bitcoin (BTC) Price Watch: Still Waiting for Directional Clues

Bitcoin Price Key HighlightsBitcoin value is trending under a short-term descending pattern line because it hovers on the long-term flooring.Traders are seemingly ready for the subsequent catalysts to determine which path the breakout may take.Technical indicators seem like suggesting a slowdown in bullish momentum quickly.Bitcoin value continues to be trending decrease on the short-term timeframe […]

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Crypto Market Crumbles To New Year-To-Date Lows, Where Does it go Next?

On Thursday, investors awakened into some promising sight — a $300 candle which attracted Bitcoin’s cost off a $6,150 reduced — some believed the worse for more than for the marketplace. But, as some investors were lured into a false sense of safety, the market dropped further to set up new year-to-date lows. As something […]

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Bitcoin Eclipses 50% Crypto Market Dominance For First Time Since December

Bitcoin has been in the forefront of their crypto sector; and it appears with all the marketplace’s latest movement downwards, Bitcoin’s dominance over the rest of the market could last, or at least for some time longer. At the period of writing, Bitcoin has posted a reduction of 5 percent, while cryptos such as Ethereum, […]

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Bitcoin (BTC) Price Watch: Downtrend Continuation or Reversal?

Bitcoin Price Key HighlightsBitcoin cost continues to trend lower since it hit a roadblock on very top of its inaugural station. Price may be setting its sights back to the service from here and also the Fib expansion tool indicates another support zones. Technical indicators also indicate a continuation of this selloff is likely to […]

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