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Why Bitcoin Traders Should Be Worried 

Bitcoin traders need to be worried for a number of reasons. At the top of the list is lack of confidence in their trades. Most people in this market cannot make a decision. When they make a decision, they keep doubting it. Now, they worry about that decision but I don’t call it worrying. That is just wasting time. Worrying would be if thinking about that led to something productive, let’s say a strategy. The reason it is important to have a strategy in place is because markets can be unpredictable. You have to know what you would do in...

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Africa is Where Bitcoins Future will Thrive - Jack Dorsey

The idea of social media networks moving into the financial services market has a lot of potential in it. Africa is the future of Bitcoin - Jack Dorsey  The idea of social media networks moving into the financial services market has a lot of potential in it. With the prominent social network, Facebook, releasing its own digital asset in Libra, you could be forgiven for getting lost in all the commotion. Looking outside of Facebook, there is a more positive movement happening with crypto & blockchain in other social networks. Networks such as Twitter. The chief executive officer of a...

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Bitcoin (BTC) All Set To Break Out Of Rising Wedge 

Bitcoin (BTC) is all set to break out of the key rising wedge that it started trading in when it formed a temporary bottom last year around $6.4k and started to rally. We can see on the 4H chart for BTC/USD that soon as the 200-day moving average was broken to the upside, the price ended up rising aggressively. We are now looking at a break out of the rising wedge. Most of the time in classical technical analysis, we see such rising wedges break to the downside. Sometimes there is a move to the upside and the rising wedge...

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How Will Bitcoin Perform In the Run up to the Halving?

The crypto community is highly anticipating the next halving in the bitcoin saga. This will be the third halving event in the currencies history and the community couldn’t be any more ready for it. The crypto community is highly anticipating the next halving in the bitcoin saga. This will be the third halving event in the currencies history and the community couldn’t be any more ready for it. Like the previous halving events, there is a lot of talk in regards to the price movement for the flagship cryptocurrency. This discussion highlights how the currency will perform after, as well...

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Sally Ho's Technical Analysis 6 February 2019 BTC ETH

Bitcoin (BTC/USD) extended recent gains early in today’s Asian session as the pair escalated higher to the 9769.70 level following strong gains made from the 9220.81 area during yesterday’s European session.  The steady upward trajectory commenced during Tuesday’s European session when bids lifted the pair from the 9078 area.  The move hastened after Stops were elected above the 9596, 9665, and 9716 areas during the climb, with additional Stops triggered above the 9757 area.  Additional Stops are likely in place above the 9805 area, with more Stops likely in place above the 9815 and 9845 areas ahead of some anticipated...

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