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How bitcoin investors reacted to COVID-19

This year has gone very quick despite a plethora of events taking place.  The Black lives matter movement took full effect following the death of George Floyd in Minneapolis and of course, coronavirus became a thing.  This year has gone very quick despite a plethora of events taking place. The Black lives matter movement took full effect following the death of George Floyd in Minneapolis and of course, coronavirus became a thing.  As the pandemic began, retail and institutional bitcoin investors needed to act fast but they didn’t do the same as each other. This is according to research from...

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BTC/USD Eyeing 11220, 11467, and 11551: Sally Ho's Technical Analysis 20 September 2020 BTC

Bitcoin (BTC/USD) saw some improved sentiment early in today’s Asian session as the pair continued to try to add to recent upside gains around the 11000 figure.  Stops were elected above the 11153.22 area during yesterday’s European session, representing the 50% retracement of the recent depreciating range from 12486.61 to 9819.83.  The next upside levels in this range include the 11467.90 and 11857.25 areas.  Traders pushed the pair higher to the 11179.90 area during yesterday’s North American session before some selling pressure emerged.  Additional upside levels that are being closely watched include the 11220.32 and 11551.18 areas, and Stops are likely in...

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Weiss crypto ratings explain why bitcoin won’t go below $10,000 again

Weiss crypto ratings, one of the more respected crypto rating websites in the industry, has recently calmed down at the worries in regards to the Bear market that the industry seems to be stuck in at the time of writing.  The company is confident that this trend is going to die down quicker rather than slower and it isn’t strong enough to pull the leading cryptocurrency below $10,000, especially in the short term. Weiss crypto ratings, one of the more respected crypto rating websites in the industry, has recently calmed down at the worries in regards to the Bear market...

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Will BTC/USD Bulls Reload Again at 10890.16? Sally Ho's Technical Analysis 19 September 2020 BTC

Bitcoin (BTC/USD) extended its recent orbit around the 11000 figure early in today’s Asian session as the pair sought to add on to recent upside gains after bids emerged around the 10881.40 area in yesterday’s European session, right around the 38.2% retracement of the recent depreciation from 11099.95 to 10735.55.  The pair then traded as high as the 11039.88 area during the move higher after some Stops were elected above the 11013.95 area.  Traders are observing that the 50-bar 4-hourly simple moving average has bullishly crossed above the 100-bar 4-hourly simple moving average.  Traders are closely observing how price activity reacts around...

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As lockdown looms in England, the BoE gives unintentional “advertisement” for bitcoin 

The United Kingdom is at a strange point right now.  Just as the north-west of England prepares to go into lockdown once more, the Bank of England has become the latest central-bank to talk about the negative interest rates.  The United Kingdom is at a strange point right now. It’s uncertain where the country will go when it comes to lockdown as counties all across the country are being restricted to what they can do with unclear ruling from the Conservative government.  Just as the north-west of England prepares to go into lockdown once more, the Bank of England has...

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