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$100k Bitcoin in 2021? This Analyst Seems to Think so

The recent price action from the leading cryptocurrency we saw earlier this week is pumping hope into crypto enthusiasts. There is one analyst that believes the price of Bitcoin is going to excel to highs of 100k by 2021. The recent price action from the leading cryptocurrency we saw earlier this week is pumping hope into crypto enthusiasts. Bitcoin is up more than 12% year-to-date at the time of writing. Such gains might not sound massive but the technical ramifications of having the flagship currency trading in areas above the $8k mark are what really matters.  Some commentators have already...

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The 5 Best Ways To Buy Bitcoin In 2020

Though a few folks might be living in denial, a new year is upon us all. Hurrah! Now that we are in 2020 don’t you think you should buy some Bitcoin you can impress your kids and grandkids with? And did you know you can actually buy Bitcoin with credit card? If you are interested in buying Bitcoin and living large, you can check out the best ways to buy Bitcoin in 2020. Ready for our top 5 list? Here it comes!   Mobile Wallets: Mobile wallets are one of the fastest and easiest ways you or anyone else can...

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Sally Ho's Technical Analysis 18 January 2020 BTC ETH

Bitcoin (BTC/USD) appreciated early in today’s Asian session as the pair climbed higher to the 8974.53 area after being supported around the 8766.27 level during yesterday’s North American session.  After retesting the 8900 level mid-week, the pair has been largely rangebound and trading sideways, finding buying demand around the 8580 level.  During the pair’s climb higher during yesterday’s Asian session, the pair reached the 8824.01 level, just above the 8823.72 area that represents the 76.4% retracement of the 8899.00 – 8580.00 range.  The pair’s sideways trading has seen the 50-bar MA (hourly) catch up to price activity, reflecting a lack...

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Bitcoin Bulls Are More Optimistic Than Ever 

The price of Bitcoin made another pump to a new yearly high today. We can see that it stopped out just shy of the $9k mark but there are some exchanges on which it might have hit that $9,000 level which is where a lot of sell orders were triggered and as we have seen now BTC/USD has retraced very aggressively. The same happened in the case of ETH/USD as it declined back below the 200-day exponential moving average. We have yet to see Bitcoin test its 200-day moving average but it is now dangerously close to breaking below the...

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Bitcoin (BTC) Makes Another Big Move But Sustained Growth Is Lacking 

Bitcoin (BTC) made another big move to the upside today that pushed the price to a new yearly high. We can see on the 4H chart for BTC/USD though that sustained growth is lacking. It is mostly a pump followed by sideways consolidation and then another pump. We are now likely to see a downtrend follow from here but so far BTC/USD remains above the 61.8% fib level. In case of a decline, we would be looking at strong break below this level which will result in a decline down to the key trend line support.  For months now, this...

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