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Where Is Bitcoin (BTC) Really Headed?

Bitcoin continues to struggle to hold its ground above the 61.8% fib level at $8.6k but it seems to be struggling too hard. Whenever the price struggles too hard to do something, it usually fails because there is place for hoping and wishing in the market. What is meant to happen does happen most of the time in financial markets. We can see now that BTC/USD is primed for a sharp decline sooner rather than later. The bearish pennant seen on the 1H chart is likely to lead to a crash by the end of the week. Cryptocurrencies pairs like...

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Charles Hoskinson Takes Digs Into Crypto, Including Bitcoin and Ethereum

In a recent interview, Charles Hoskinson spoke on IOHK, blockchain security and Ethereum. Bitcoin is ‘blind, deaf and dumb’ according to the CEO/founder. Hoskinson commented on Ethereum, in that is not very in line with the financial world. In a recent interview with Hacker Noon, Cardano’s Charles Hoskinson spoke on many topics, including the leading cryptocurrency, IOHK, blockchain security and Ethereum. “The point of all these cryptocurrencies and blockchains is ultimately the management of assets, information, trust, and data.” Bitcoin is ‘blind, deaf and dumb’ according to the CEO/founder of the two aforementioned projects. “It doesn’t understand the world around...

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Why The Next Oil Supply Boom Might Drive Bitcoin (BTC) Into The Ground

The infamous oil crash of 2014-15 is known to many of us who have been following traditional markets around the time. However, the majority of Bitcoin (BTC) investors who see the cryptocurrency market as a standalone market with no correlation to other markets with the possible exception of gold find it hard to see that there actually was a correlation between Oil and Bitcoin (BTC) back then. When WTI Crude Oil (US Oil) started to decline in June, 2014 we saw BTC/USD begin an aggressive downtrend that lasted till early 2015. We have seen multiple downtrends in between and a...

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BlockFi CEO Predicts BTC To be Much Higher in Value by Years End

The bitcoin halving is one of the most important events to look forward to in 2020. Zac Prince commented on how the crypto market is going to be unravelled over the course of 2020. The bitcoin halving is one of the most important events to look forward to in 2020. Investors and traders from everywhere in the space have got high expectations from this event and believe the price of bitcoin will see a massive recovery. There even some commentators who have made the prediction that it will break its previous all-time high on of $20k at the end of...

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Craig Wright Is EXTREMELY Confident in Gaining Access to the Tulip Trust

Craig Wright is confident in his endeavour to gain access to his Bitcoin fortune. The Bitcoin fortune is known to be locked up in the Tulip Trust.  Craig Wright recently spoke to CoinTelegraph this week where he stayed confident in his endeavour to gain access to the Bitcoin fortune he has been known to claim is locked up in the Tulip Trust.  Wright said the following in regards to the Tulip Trust and his end goal of being able to access his alleged Bitcoin. “I’m 99.9999 and a few more 9s percent certain that I will be taking control of...

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