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Sally Ho's Technical Analysis 23 January 2020 BTC ETH

Bitcoin (BTC/USD) was little changed early in today’s Asian session as the pair traded around the 8631.77 area after trading as high as the 8791.76 area during yesterday’s European session.  Some bids emerged around the 8565.00 area during yesterday’s North American session but the pair has largely been confined to a sideways trading range.  The pair continues to orbit the 8741.24 area, a level that represents the 50% retracement of the move from 10950.57 to 6531.91.  One of the many important trading ranges that traders continue to monitor is the move from 7671.00 to 9194.99.  During a pullback a couple...

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What Satoshi Nakamoto Was Doing Before He Vanished

Find out what Satoshi was doing before he vanished Nakamoto was hoping Bitcoin would grow naturally With the arrest of Julian Assange in London earlier this year, some of us have been reminded that some crypto investors of an early statement made by Bitcoin creator Satoshi Nakamoto on the bitcointalk forums, where he commented on a PC World article that spoke about Bitcoin as a payments system for WikiLeaks. Back in 2010, Nakamoto said, “It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.”...

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Here’s What Bitcoin (BTC) Analysts Won’t Tell You 

Bitcoin is moving up and down between $8,800 and $8,600 but looking at the BTC/USD chart, it is not easy to ascertain where it might be headed next. The reason why is because this market is one of the most highly manipulated and controlled market there is. In many ways, it is even worse than penny stocks. There are countless cases of manipulation in this market and there will be many more in the future. However, that is not to say that we cannot get an idea as to how and when a particular pump or dump could happen in...

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Square Crypto Seek to Further Bitcoin Adoption with the Lightning Development Kit 

The Lightning Development Kit has just been introduced by Square Crypto. This is what their developers are working so hard on in order to bring the leading cryptocurrency to the very front. This kit introduction happens to come at the same time at the World Economic Forum in Davos, Switzerland. The Lightning Development Kit has just been introduced by Square Crypto, the Bitcoin development arm of $29 billion fintech giant Square owner by Jack Dorsey. This is what their developers are working so hard on in order to bring the leading cryptocurrency to the very front when it comes to...

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Bitcoin (BTC) Could Still Rally Towards $10k After A Near-Term Retest of $8k

Bitcoin (BTC) is still hovering close to the 200-day moving average and is now on the verge of its next big move. This move whether to the upside or to the downside will be short-lived. The perfect play from the market makers’ standpoint would be for BTC/USD to fall down to the $8k level which would make the bears feel vindicated. This would then give the market makers and the whales incentive to pump the price to much higher levels to liquidate most of those overly aggressive bears. The next move from the 61.8% fib level would most likely be...

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