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Bitcoin (BTC) At Do Or Die, Everything Hinges On The Price Breaking Past $9.6k

Bitcoin (BTC) has run into resistance at the 38.2% fib retracement level that corresponds to a price level of $9,588. If the price fails to break effectively past this level to shoot higher and begin an uptrend, it risks to lose everything during the next decline which could drag it down to the 61.8% fib retracement level at $6.2k and eventually lower than that. So, it all hinges on what BTC/USD is going to do at this key decision point. The price is still struggling to break past the strong resistance zone which used to be an important market structure....

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Bitcoin Banking App Goes Live with Near Instant Transactions & Extremely Low Fees

Mode has just rolled out its own bitcoin banking app on devices for Apple and iOS now. To start off the app as a customer, you need as much as £50 ($65) and buy bitcoin with bank cards or via a bank transfer. The financial services firm, Mode, has just rolled out its own bitcoin banking app on devices for Apple and iOS now. The United Kingdom-based company made its app available on a global scale this week. That being said, it currently isn’t available in the United States. To start off the app as a customer, you need as...

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Attorney-Client Privilege: Craig Wright Accused of Confusing the Kleiman Trial 

The estate for Dave Kleimanhas just accused Craig Wright of abusing attorney-client privilege in withholding documents. Earlier this week on February 2nd, the plaintiff filed a memorandum fighting the rights privilege designations with the Southern District Court of Florida. The estate for Dave Kleiman and its council has just accused the controversial and prominent figure in the crypto space, Craig Wright of abusing attorney-client privilege in withholding documents and confusing the proceedings of the ongoing lawsuit. Earlier this week on February 2nd, Ira Kleiman (the brother of the late David Kleiman), filed a memorandum fighting the rights privilege designations with...

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Sally Ho's Technical Analysis 5 February 2020 BTC ETH

Bitcoin (BTC/USD) appreciated early in today’s Asian session as the pair escalated higher to the 9186.47 area after trading as low as the 9078.81 area during yesterday’s European session.  After spiking higher to the 9619.95 area during Monday’s Asian session, the pair has weakened and technical support that was in place around the 50-bar MA (4-hourly) has given way.  This 9619.95 recent high was just above the 9596.92 area that represents the 76.4% retracement of the move from 10545.53 to 6526.00.   Notably, buying pressure has emerged around the 38.2% retracement of the move from 8216.71 to 9619.95.  The next downside...

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Bitcoin Traders To Make The Decision 

Bitcoin traders have to make the decision now. What is this decision? It is deciding to be bullish or bearish on the market. You do not have to margin trade to take that decision. If you are holding coins, you are being bullish. If you are not holding coins, you are being bearish. You are inherently making a decision whether you are taking action or not. The reason it is now time to make the decision is because BTC/USD is at a turning point. Now that it has faced rejection at the previously broken market structure around $9.5k and begun...

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