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Bitcoin (BTC) Repeats Similar Fractal, Can This Lead to Similar Outcome?

Bitcoin (BTC) has just repeated a similar fractal as it did last month. This is a clear indication of how rigged and controlled this market actually is but that should not stop us from taking advantage of the opportunities presented before us. At this point, most of us should have now doubt as to how fake and manipulated all of this really is. The similarity of the two fractals and how they were repeated in less than a month’s time shows who really runs this show. It is a small group of influential people in the crypto sphere that not...

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Sally Ho's Technical Analysis 7 March 2020 BTC ETH

Bitcoin (BTC/USD) notched small gains early in today’s Asian session as the pair traded as high as the 9126.57 area after encountering buying pressure around the 9000.01 area during yesterday’s Asian session.  Traders had earlier pushed the pair as high as the 9182.08 area during yesterday’s European session before coming off.    Chartists are observing that the pair is trading just below the 100-bar MA (4-hourly). Following the pair’s ongoing sideways trading pattern, traders are struggling to determine if market sentiment favours an appreciation of BTC/USD, or a depreciation of BTC/USD.  Earlier in the week, trading activity was capped around the...

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Major Bitcoin Crash Expected Up Ahead 

Bitcoin is trading sideways while altcoins have rallied significantly in the past 24 hours. ETH/USD is up more than 4.6% for the day and has now broken past the key resistance at $233. It has effectively broken past the 200-moving average, but BTC/USD continues to trade sideways and has failed to break past the resistance at $9,156. This is a sign that the market as a whole may be about to top out. This is a pattern we have seen before and altcoins generally top out after Bitcoin does. The 4H chart for BTC/USD shows that Bitcoin risks a major...

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Bitcoin (BTC) Bulls Fail To Maintain Bullish Momentum, Downtrend Expected Ahead 

Bitcoin (BTC) bulls have failed to maintain bullish momentum. The price has failed to break past the resistance at $9,156 while altcoins rallied successfully meanwhile. This is something that we have seen multiple times now. Whenever BTC/USD tops out, we see altcoins rally just a little more against Bitcoin (BTC) and then it all comes crashing down. For the big players in this market, the challenge is getting out of altcoin positions because they have to be traded on regular exchanges, unlike Bitcoin (BTC) which can be bought and sold outside of exchanges without affecting the price.  So, the real...

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How to Earn Bitcoin Really Fast even in a Bear Market?

2019 is a year full of mixed feelings for crypto traders. The bitcoin price started from $3,689 and once went to the moon at $13,879 but finally ended at $7,179 on the last day. Bitcoin gave so many chances for spot traders or futures traders. The compound annual growth rate of +94.61% makes bitcoin one of the most valuable investment assets of the world. However, the bitcoin prices have gone down to $8,500 from $10,000 two weeks ago. Is it a bear market? How to make money quickly through the bear market? The answer is… wait, you have an answer?...

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