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Bitcoin Price Prediction for 2020 - What Can We Expect?

     Blockchain technology has experienced a rollercoaster of a journey. From being regarded as a bubble bound to burst sooner, rather than later, to playing an important part in several sectors of business, including health, tourism and energy – Blockchain technology has well and truly survived the test of time.       Blockchain technology’s proudest exponent is Bitcoin, and it too, has seen its fair share of ups and downs. At the time of writing, Bitcoin enters a new reckoning. That being said, what can we expect from Bitcoin in 2020? Is it a viable investment option? Can you really become a BTC...

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UK High Court Call for Proprietary Injunction on Canadian Bitcoin Ransomware Attack 

A High Court has ordered an injunction on leading cryptocurrency obtained by a ransomware attack on an insurance company in Canada. At the end of last week, the High Court released documents in regards to such a ransomware attack. A High Court in the United Kingdom has ordered a proprietary injunction on leading cryptocurrency obtained by a ransomware attack on an insurance company based in Canada. The injunction is an order which prevents certain individuals from dealing with their own assets when it’s subject of a proprietary claim - in other words, they are a suspect and their assets are...

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Sally Ho's Technical Analysis 29 January 2020 BTC ETH

Bitcoin (BTC/USD) reclaimed some lost ground early in today’s Asian session as the pair moved higher to the 9073.85 area after finding technical support around the 8880.87 area during yesterday’s North American session.  Earlier in yesterday’s North American session, the pair had traded as high as the 9188.62 area before coming off.  The pair inched steadily higher earlier this week, triggering Stops above the 8447.58 and 8590.41 levels that represent the 23.6% and 38.2% retracements of the 9124.99 – 8216.71 range.  Traders drove the pair higher above the 50-bar MA (hourly), 100-bar MA (hourly), and 200-bar MA (hourly) as they...

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Nearly $9000: BTC Touches the Key Resistance Level During Coronavirus Pandemic

After trying to attempt $9000 at the start of this week, the leading cryptocurrency has sunk back. With the spread of coronavirus, many investors were forced to cut ties with riskier assets such as stocks. After trying to attempt $9000 at the start of this week, the leading cryptocurrency has sunk back into its normal ways... With the spread of coronavirus, many investors were forced to cut ties with riskier assets such as stocks. That doesn’t mean that bitcoin is free from risk though. It is well-known that the leading cryptocurrency is a risky investment, it’s always wise to do...

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Bitcoin (BTC) Breakout Or Another Fakeout?

Bitcoin (BTC) has finally broken past the $9,000 level once again and traders are now hopeful that we might see further upside. The vast majority of retail traders is bullish on BTC/USD at the moment anticipating further upside. This is not surprising to see before the next halving and the whole narrative of a potential bull run that has now been built around it. The cryptocurrency market certainly risks a major downtrend in the near future if and when the price crashes below the 200-day moving average again. That would prove that this had been a similar move to that...

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