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In Depth Bitcoin (BTC) Analysis Explains Why $32,000 Is The Minimum Price Target Before January 2019

Bitcoin (BTC) has been called a lot of things from digital gold to an elaborate scam. However, one thing has remained steady and that is its growth over the years. As an asset with a limited supply, the price of Bitcoin (BTC) is bound to increase with the passage of time. However, an in depth analysis of the cryptocurrency shows that not only has the price of Bitcoin (BTC) increased with time, but its rate of increase has  increased as well. The above chart demonstrates this analysis and comprises of two types of Bitcoin (BTC) rallies: Rally X and Rally...

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Bitcoin (BTC): EUR/USD Correlation And The Beginning Of A New Cycle

Bitcoin (BTC) is close to completing its three bounces ever since its fall from previous all time high of $20,000. The odds are heavily in favor of a reversal despite what some traders and analysts may have you believe. The reason being that the correction has completed, the volume has dried up and the RSI has reached oversold levels. Short term, the price could still fall to $7,000 to complete the three bounces formation. This will most likely happen over the weekend, with next week being the beginning of a new Bitcoin (BTC) cycle. Currently, there are no clear signs...

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EOS (EOS) Is Back On Fire Before MainNet Launch

EOS (EOS) is back on fire days before its mainnet launch, which is expected to go into effect on June 1, 2018. This would allow EOS (EOS) to leave the Ethereum blockchain for its own blockchain EOSIO. The platform will allow developers to build Dapps on the blockchain as soon as the mainnet is launched. The EOSIO platform will use DPoS (Delegated Proof of Stake) and will be initially helped by Block.one, a prominent blockchain software company. EOS (EOS) is currently asking investors to register their new address on the EOSIO platform so that they can be assigned new token...

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Stellar (XLM) Continues To Rise Against Bitcoin (BTC)

Stellar (XLM) might appear to have erased most of its gain made since April 2018 but the fact of the matter is that it has been trading in an interesting pattern of falling wedges on both the XLM/BTC and XLM/USD charts. Another interesting observation is that both charts for Stellar (XLM) look extremely similar. The current pattern of falling wedges that Stellar (XLM) follows comprises of a large falling wedge in which the price trades for an extended period of a few months. After that, the price upticks and continues to trade high for another month followed by entry into...

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Ripple (XRP) Eyes Reversal While Being Down 82% From All Time High

Ripple (XRP) is down 82% from all time highs, recording one of the worst corrections in the entire crypto market. While Ripple is a company with a lot of potential, the confused status of XRP has been a major factor in investors being eager to dump this coin at the first sign of danger. Many cryptocurrency investors still believe in Ripple (XRP) which is why it still ranks at third place in terms of market cap. However, even most of those investors are not clear about the future of XRP. Despite Ripple (the company) having stated many a time that...

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