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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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Huge Wave Of Bitcoin Adoption In South America

Bitcoin Adoption is on the rise in South America Shows a great way how a Crypto Exchange can work South American countries have recently seen a huge wave of Bitcoin adoption and increased access to cryptocurrencies through a new partnership between a major South American banking firm and the Bitex cryptocurrency exchange. According to Coindesk: “A leading bank technology provider in Latin America is partnering with cryptocurrency exchange Bitex to facilitate cross-border payments over the bitcoin blockchain. Bantotal is a core banking service provider based in Uruguay that services over 60 different financial institutions across 14 different countries. According to...

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BTC/USD Tests 6949.09 Level and Comes Off: Sally Ho's Technical Analysis 12 April 2020 BTC

Bitcoin (BTC/USD) extended recent weakness early in today’s Asian session as the pair continued to fade below the psychologically-important 7000 figure after trading as high as the 6955 area during yesterday’s Asian session.  Notably, this level was just above the 6949.09 area, a level that represents the 50% retracement of the depreciation from 7292.11 to 6606.06, and the next downside price objective in this range is the 6767.97 area.   The failure of BTC/USD to close above this level is likely indicative of more weakness ahead.  Some Stops were elected below the 6831.05 area during yesterday’s North American session, an area...

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BnkToTheFuture CEO on COVID-19: this is a global reset for finance

Simon Dixon is a believer that bitcoin will be the only exit from the international reset of finance This will give central banks the ability to destroy itself and potentially the whole banking system.  Dixon gave his views during the latest episode of the Keiser report.  He discussed the pandemic of the coronavirus and its impact on the financial world.  The CEO of the crypto funding platform BnkToTheFuture, Simon Dixon is a believer that bitcoin will be the only exit from the international resets of finance which will give central banks the ability to destroy itself and potentially the whole...

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