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Why Bitcoin (BTC) Halving Could Be The Biggest Bull Trap In Years 

Bitcoin (BTC) has declined well below the $8,600 mark and is now eyeing further downside within the descending broadening wedge. However, the sentiment has yet to take a hit. A lot of traders are still quite optimistic and expect a major parabolic run up in BTC/USD before the next halving in June, 2020. This has nothing much to do with what has happened in the past but more to do with what traders expect to happen immediately when mining rewards are slashed in half. It makes a lot of sense from an economical standpoint that the price should increase. However,...

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Bitcoin SV and its Unexpected Price Spikes

Bitcoin SV has been a big highlight of January 2020 so far. The controversial cryptocurrency has been experiencing some pretty big fluctuations of the past few weeks. Bitcoin SV has been a big highlight of January 2020 so far. The controversial cryptocurrency has been experiencing some pretty big fluctuations of the past few weeks, especially the last fortnight. A lot of speculation is going around the crypto space in relation to Craig Wright, who is the face and spearhead of Bitcoin SV, as he recently took to the court to discuss his legal battle with his old partner David Kleiman...

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New Bill Proposed in Congress Could Have a Big Impact on BTC and ETH

At the end of last week, a new bill was introduced in Congress. The Virtual Currency Tax Fairness Act of 2020 US representatives in Congress supported this bill with mixed support. At the end of last week, a new bill was introduced in Congress. Such bill is said to have an impact on the cryptocurrency industry however, how positive it will be, remains to be seen. If all goes well, this new bill will help solve a payment issue for the delay in the leading cryptocurrency as well as other altcoins in the industry such as ETH.  US representatives in...

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Sally Ho's Technical Analysis 23 January 2020 BTC ETH

Bitcoin (BTC/USD) was little changed early in today’s Asian session as the pair traded around the 8631.77 area after trading as high as the 8791.76 area during yesterday’s European session.  Some bids emerged around the 8565.00 area during yesterday’s North American session but the pair has largely been confined to a sideways trading range.  The pair continues to orbit the 8741.24 area, a level that represents the 50% retracement of the move from 10950.57 to 6531.91.  One of the many important trading ranges that traders continue to monitor is the move from 7671.00 to 9194.99.  During a pullback a couple...

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Here’s What Bitcoin (BTC) Analysts Won’t Tell You 

Bitcoin is moving up and down between $8,800 and $8,600 but looking at the BTC/USD chart, it is not easy to ascertain where it might be headed next. The reason why is because this market is one of the most highly manipulated and controlled market there is. In many ways, it is even worse than penny stocks. There are countless cases of manipulation in this market and there will be many more in the future. However, that is not to say that we cannot get an idea as to how and when a particular pump or dump could happen in...

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