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Bitcoin (BTC) To $60,000 Or $300,000 In 2019?

Chart for BTC/USD (1W) There is no doubt whatsoever that Bitcoin (BTC) has found a bottom. The price is currently trading above $6,400 and ready to make a decisive move. Apparently, market makers are waiting to see how the stock market situation plays out before they open the floodgates.  Make no mistake; big money has been changing hands in OTC markets. If you think institutions are not involved yet, you are wrong. However, nobody wants to touch the price of Bitcoin (BTC) on exchanges at the moment. Any activity on Wall Street is highly likely to have a strong and...

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Is Ethereum (ETH) In The Middle Of A Bear Trend?

Chart for ETH/USD (1D) Ethereum (ETH) currently trades slightly above $200. Its price has now stabilized atop the trend line that has also served as a strong support. However, some institutional investors believe that Ethereum (ETH) is in the middle of a bear trend. This means that they expect the price to settle around $50 in order for this correction to be considered over. Looking at the ETH/USD daily chart above, we can clearly see that a bullish gartley pattern has just been completed. This is a very bullish development that should set the ground for a new bullish cycle....

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Ripple (XRP) Hodling Is About To Payoff Big Time

Ripple (XRP) has been a true investors’ favorite for much of 2017 and early 2018. The hourly chart above for XRP/USD shows that Ripple (XRP) is on the verge of a major break out. Ripple (XRP) is known for its quick but aggressive rallies. What does this mean? It means that Ripple (XRP) makes its entire gains for the cycle in an extremely short timeframe. This is why so many Ripple (XRP) investors are strong believers in the concept of hodling. They have been buying Ripple (XRP) since before the correction. Most Ripple (XRP) believers are still holding their coins...

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Ethereum Classic (ETC) Can Rise 1200% By December

Ethereum Classic (ETC) has recently shown signs of strength after an unprecedented shift in market sentiment and acceptance towards the coin. The cryptocurrency which was previously considered a dead coin or a scam is now being seen as a game changer.  If it were not for these developments, Ethereum Classic (ETC) would most likely have broken market structure and would be lagging behind in the altcoin run this year, same as it did last year. However, the listing on Coinbase, success of ETC Summit and exciting upcoming events has convinced investors of its future potential. On the technical front, Ethereum...

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Why Bitcoin (BTC) Will Begin A New Cycle In November

Bitcoin (BTC) has been following an interesting pattern of completing a bullish and bearish cycle on the sixth of every month in an alternating order. As we can see on the BTC/USD daily chart above, a fall is followed by a rise. This has been happening in alternation since the beginning of the correction. The chart shows that the big swings at the beginning of this pattern have now been reduced to minor movements. The bullish period between October 6 and November 6 has seen such small movement that it can be said to have made no significant impact at...

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