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Cameron Winklevoss indicates an inflection point is around the corner for BTC during COVID-19

Cameron Winklevoss has made a strong suggestion that further strengthens his bullish outlook on the lead in cryptocurrency, bitcoin. The well-known billionaire took to Twitter to share his thoughts on the pandemic of the coronavirus and how it will impact bitcoin.  One of the Winklevoss twins, Cameron Winklevoss has made a strong suggestion that further strengthens his bullish outlook on the lead in cryptocurrency, bitcoin. The well-known bitcoin billionaire took to Twitter over the weekend to share his thoughts on the ongoing pandemic of the coronavirus and how it will impact bitcoin.  The below tweet so many people in the...

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30 Days And Counting: Leading Crypto Mining CEO And Seasoned Miners Share Expert Insights On Bitcoin Halving During Economic Distress

In approximately 30 days from now, one of the most significant events in Bitcoin and crypto-economics will occur; the third-ever halving of Bitcoin rewards. So what does that mean exactly? This event will increase the mining algorithm difficulty and cut the reward given to Bitcoin miners for successfully mining a new block on the Bitcoin blockchain. The reward will decrease from the current 12.5 BTC down to 6.25 BTC; reducing the Bitcoin entering circulation by 50%. This anti-inflationary process has historically driven significant gains for Bitcoin, miners and the overall crypto economy, but what could the halving event look like...

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BTC/USD Longs Seek Support Above 6572: Sally Ho's Technical Analysis 14 April 2020 BTC

Bitcoin (BTC/USD) continued its volatile trading activity early in today’s Asian session as the pair continued to make moves below the psychologically-important 7000 figure, following the sharp move lower from the 7200 area that commenced during yesterday’s North American session.  Some minor Stops were elected above the 7192.49 area during the pair’s ascent during yesterday’s North American session, a level that represents the 61.8% retracement of the depreciation from 7466.00 to 6750.00.  BTC/USD then traded as low as the 6555.00 area after Stops were elected below the 6572.63 area, an upside price objective related to price activity that emerged around...

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Bitcoin Is On The Verge Of A Crash

Bitcoin has played out exactly as I had expected in my analyses on the Crypto Daily Charting Platform two days back. We saw a move towards $7k and now it is preparing for that next big crash. This is a crash that has been due for a long time now but BTC/USD could not make this decision on its own. This is why we saw that trading activity over the weekend was inconsequential and it did not change much. The price kept bouncing up and down within a tight range. However, now with the beginning of a new week, Bitcoin...

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BTC/USD Tests 7192.49: Sally Ho's Technical Analysis 13 April 2020 BTC

Bitcoin (BTC/USD) exhibited some volatility early in today’s Asian session as the pair traded as high as the 7200.00 level after searching for direction below the psychologically-important 7000 figure, and trading as low as the 6787.44 area during yesterday’s Asian session.  A move higher during yesterday’s Asian session saw the pair reach the 6913.83 level before moving lower, an area that is right around the 23.6% retracement of the appreciation from 6750.00 to 6962.16.  Also, a move higher during yesterday’s North American session saw the pair test the 6949.09 area, a level that represents the 50% retracement of the depreciation...

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