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Bitcoin Shown In Popular British Soap

Bitcoin Shown In Popular British Soap
In recent years, Bitcoin has been referenced in pop culture, including songs from the rap giant Eminem and one of his latest songs, Not Alike, multiple TV shows and many more. Now the crypto has become the focal plot point for a British soap which is watched by million around the United Kingdom. So far in the year, cryptocurrency has had quite a rough year and yet despite the decline in prices, some cryptocurrencies look to be getting relatively stuck with the rest of the world. References to Bitcoin are everywhere nowadays. Massively popular TV shows like The Big Bang Theory has an episode where Sheldon thousands of dollars worth of old mined Bitcoin. Even Family has mentioned the leading cryptocurrency. Now, Bitcoin is heading to TV once again on the popular British soap, Coronation Street which has been airing since 1960! Coronation Street is the longest running television soap and each episode has over 8 million viewers. The plot looks into the daily lives of the working class characters living in Manchester. One of the latest episodes in the long running soap was titled ‘Whipcoin’ and focuses on the character named Ryan Connor had invested £50 in the fictional digital currency whipcoin (clearly a reference to Bitcoin) years ago and after doing research found that its value had increased to £250 million. Of course, things don’t go well as Ryan would have hoped as he can’t remember the password however, when he finally remembers it he realises his research was wrong and that his investment is essentially worthless. Whereas the plot points may interest you it is a good thing to hear that bitcoin is mentioned everywhere, possibly bringing in more traders to the industry. Bitcoin has been mentioned in pop culture for many years no, songs by multiple artists have been released with references to the cryptocurrency world. What are your thoughts on cryptocurrencies and pop culture? Could references on soaps and TV shows be a turning point for the industry? Let us know down in the comments below!

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BTC/USD Holding 19012.07 After Rebound: Sally Ho's Technical Analysis 3 December 2020 BTC

BTC/USD Holding 19012.07 After Rebound:  Sally Ho's Technical Analysis 3 December 2020 BTC

Bitcoin (BTC/USD) moved higher in today’s North American session as the pair appreciated to the 19466.58 area after trading as low as the 18885.00 area in the European session, a test of the 18922.31 area that represents the 23.6% retracement of the recent appreciating range from 15708.24 to 19915.14. The pair has recently traded around its recently-established all-time high around the 19915.14 area, a level that was established after Stops were elected above the previous all-time high of 19891.99.  Additional upside price objectives include the 20311.36, 20534.46, and 21909.24 areas, levels that relate to buying pressure that emerged earlier this year around the 6430.00 and 6854.67 areas.

Following the move to a recent all-time high, traders are paying close attention to recent areas of upside buying pressure, including the 13215.00, 14310.00, 15708.24, 16200.00, and 17610.77 areas.  Some important retracement levels related to these ranges include 18762.96, 18154.60, 17355.69, 17112.57, 16701.07, 16304.69, and 15935.90.  Below current price activity, additional areas of technical support include the 14273.50, 14259.01, 14101.50, 13989.55, 13892.29, 13705.50, 13663.43, and 13594.42 levels. Chartists are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).   Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 50-bar MA (4-hourly) at 18393.19 and the 50-bar MA (Hourly) at 19034.75.

Technical Support is expected around 16200/ 15996.17/ 15479.66 with Stops expected below.

Technical Resistance is expected around 19915.14/ 20311.36/ 21909.24 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.

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BTC/USD Priming for Another All-Time High? Sally Ho's Technical Analysis 2 December 2020 BTC

BTC/USD Priming for Another All-Time High? Sally Ho's Technical Analysis 2 December 2020 BTC

Bitcoin (BTC/USD) moved higher in today’s North American session as the pair appreciated to the 19165.94 area after trading as low as the 18335.00 area in the Asian session, a test of the 200-hour simple moving average.  The pair traded at an intraday high around the 19340 area during the European session, above the 61.8% retracement of the recent depreciating range from 19915.14 to 18109.00BTC/USD established a fresh all-time high at the 19915.14 area earlier this week after Stops were elected above the previous all-time high of 19891.99.  Traders are eyeing the 20311.36, 20534.46, and 21909.24 areas as upside price objectives.  The pair stopped short of testing the 15808.49 area during the recent move lower, representing the 23.6% retracement of the wide appreciating range and recent absolute 2020 range from 3858 to 19500.  Significant Stops were elected during the recent decline including below the 18605.14, 18275.16, 18016.74, 17604.12, 17517.42, 17156.69, 17099.13, 16905.00, 16603.10, 16357.50, and 16292.58 levels

Traders will pay close attention to some potential areas of technical support during pullbacks lower and these include the 16092.69 and 15935.90 areas.  Notably, the 15935.90 and 16304.69 areas represent the 76.4% and 78.6% retracements of a relative historical depreciation from 19891.99 to 3128.89.  Further below current market activity, traders are paying close attention to additional potential areas of technical support during pullbacks and these include the 14273.50, 14259.01, 14101.50, 13989.55, 13892.29, 13705.50, 13663.43, and 13594.42 levels. Chartists are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).   Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 50-bar MA (4-hourly) at 18371.71 and the 50-bar MA (Hourly) at 19137.33.

Technical Support is expected around 16200/ 15996.17/ 15479.66 with Stops expected below.

Technical Resistance is expected around 19915.14/ 20311.36/ 21909.24 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.

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Willy Woo: “I’ve never been so bullish for 2021“

Willy Woo: “I’ve never been so bullish for 2021“

Quick take

1 minute read

  • Willy Woo believes that the leading cryptocurrency reaching $300,000 in 2021 isn’t completely unreachable.
  • Writing in a thread of tweets earlier this week on the 1st of December, the analyst said that he has “never been so bullish“ when it comes to bitcoin and how it will perform in 2021.

Well-known analyst and Twitter commentator Willy Woo believes that the leading cryptocurrency reaching $300,000 in 2021 isn’t completely unreachable.

Writing in a thread of tweets earlier this week on the 1st of December, the analyst said that he has “never been so bullish“ when it comes to bitcoin and how it will perform in 2021.

He even went on to add that he was looking at a six-figure bitcoin by December next year.

“My Top Model suggesting $200K per BTC by end of 2021 looks conservative, $300K not out of the question.”

Before we go any further though, it is worth noting that we are not financial advisors and this is not financial advice. Investing in crypto can be very risky so it’s always worth doing your research before putting your money into a digital asset such as bitcoin.

Bitcoin has had an exciting few weeks. At the start of last month, the United States presidential election pushed bitcoin to new heights and since then, it hasn’t stopped growing. Earlier this week, the leading coin was rejecting the $20,000 key resistance level but many people are still very excited about it surpassing this price range in the near future.“ 

Woo said,

For more news on this and other crypto updates, keep it with CryptoDaily!

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Gemini’s Tyler Winklevoss believes “cash is trash“ and that bitcoin will come out on top one way or another

Gemini’s Tyler Winklevoss believes “cash is trash“ and that bitcoin will come out on top one way or another

Quick take

1 minute read

  • “Cash is trash“.
  • Tyler Winklevoss slams Fiat currency in a recent CNBC interview.

“Cash is trash“.

This is what Tyler Winklevoss, one-half of the infamous Winklevoss twins said recently on CNBC it’s only a matter of time before investors decided to abandon the US dollar, as well as other Fiat currencies, and instead opt-in for bitcoin.

He said:

“at some point, it is hard to look at those data points and say that bitcoin isn’t an incredible store of value.“

To that end, the other half of the twins, Cameron said that bitcoin just needs to be “better than gold“. This will help see its price spike to insane levels.

Eventually, bitcoin will hit $500,000 in the twins' eyes. For those that don’t know, the two-run the Gemini crypto platform based in the United States.

The way bitcoin is currently acting would indicate that the twins are somewhat on the right lines. That’s not to say that bitcoin will eventually hit such a milestone as half $1 million but many enthusiasts believe that the ballroom that bitcoin has been recently experiencing is different to the previous market cycles due to how many institutional investors are getting involved with the industry. 

It’s also worth mentioning that bitcoin has matured massively over the course of 2020 and could have a permanent place in a financial system in the near future.

Bitcoin is being adopted all around the world consistently and has been over the past year. Only exciting things seem to be coming for the leading cryptocurrency but before we finish, it is worth noting that we are not financial advisors and this is not financial advice. Please do your own research before investing in a cryptocurrency.

For more news on this and other crypto updates, keep it with CryptoDaily!

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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