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Slovenian Burger King Adopts Bitcoin Cash For Payments

Cryptocurrency is finally being adopted by a Burger King restaurant! Bitcoin Cash is the cryptocurrency in question and was adopted by a restaurant in Slovenia. Cryptocurrency in Slovenia has become very popular over the past few years. Cryptocurrency is finally being adopted by a Burger King restaurant! Bitcoin Cash is the cryptocurrency in question and was adopted by a restaurant in Slovenia, making it the first crypto to be useable in physical Burger King stores. A video posted at the end of last week shows two users paying for their food using Bitcoin Cash from their wallets on their smartphones....

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18 December 2019 - BCH/ EUR – Daily

In this Daily chart of Bitcoin Cash/ Euro (BCH/ EUR), there is an appreciating range from 174.53 to 206.70. We can see the market retraced lower and then moved higher to test the 191.35 area (identified by the red down arrow), just above the 190.615 area that represents the 50% retracement of the appreciating range. The market then depreciated further to the 155.00 area. Using RSI, we can observe RSI Average (3) remains above RSI (14) and that RSI Average (3) continues to have a negative slope.  The slope of RSI (14) has turned positive, suggesting an inflection point in...

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5 December 2019 - BCH/ GBP – 15-minute

In this 15-minute chart of Bitcoin Cash/ British pound (BCH/ GBP), there is a depreciating range from 179.66 to 162.68. We can see that after the depreciation, the market tested and traded above the 166.6873 area at least three times (identified by the three red down arrows), a level that represents the 23.6% retracement of the depreciating range. We can see the market then depreciated and continues to trade below this retracement level. Using a Simple Moving Average, we can see the market continues to trade below the 14-bar Simple Moving Average. Using RSI, we can see that RSI (14)...

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Bitcoin Jesus Says Bitcoin Cash Can Skyrocket by 1,000 times

Roger Ver recently went on CNBC’s “Power Lunch” segment where he discussed the recent drop of the leading cryptocurrency. Being quite bullish on the matter, Ver cited the stock market saying in that wise investors should “be greedy when others are fearful, and fearful when others are greedy.”  The former head and figure of Bitcoin.com Roger Ver recently went on CNBC’s “Power Lunch” segment where he discussed the recent drop of the leading cryptocurrency as well as the rest of the market.  Being quite bullish on the matter, Ver cited the stock market saying in that wise investors should “be...

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Sally Ho's Technical Analysis 20 November 2019

Litecoin Litecoin (LTC/USD) gained ground early in today’s Asian session as the pair escalated to the 56.12 area after trading as low as the 54.10 area during yesterday’s European session. Traders continue to have their eyes on the 59.84 level, representing the 38.2% retracement of the 80.26 – 47.22 range and an area that traders tested earlier this week. That level is also right around another important technical level that represents the 38.2% retracement of the more recent 66.19 – 56.09 range.  The pair’s recent spin lower opens up potential downside targets such as the 54.47 and 51.70 areas, representing...

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