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Bitcoin And The World Of American Football Part 1

Russell Okung is an entrepreneur and businessman but you might best know him as a Super Bowl champion. Okung is a big-time bitcoin commentator and fan. Okung has spoken on the industry and why cryptocurrency is important to athletes like himself Russell Okung is an entrepreneur and businessman but you might best know him as a Super Bowl champion. Okung is a big-time bitcoin commentator and fan. It doesn’t just stop there though as he is a big enthusiast of blockchain technology and is also the founder of BitcoinIs_. Speaking to CoinDesk, Okung spoke on the industry and why the...

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Sally Ho's Technical Analysis 4 January 2020 BTC ETH

Bitcoin (BTC/USD) faded early in today’s Asian session as the pair pared back to the 7259.00 level after trading as high as the 7401.20 area during yesterday’s North American session.  Earlier, the pair was trading around the 6841.36 level, representing the 76.4% retracement of the move from 4670.69 to 13868.44.    The pair has been confined to a relatively narrow range for several weeks as traders have generally kept the pair between the 6430 and 7870 levels.  Prior to this range beginning in late November, BTC/USD had generally been a one-way trade since late-October when the pair peaked around the 10540.49...

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Where Is Bitcoin Headed In 2020?

This is going to be a very important year for Bitcoin (BTC) and our analysis on BTC/USD today would be one of the most important for the entire year. We have once again seen a major pump in the price of Bitcoin (BTC) but I have reasons to believe that this is nothing more than a smokescreen and a distraction from what is about to come next. The reason we have seen this move in BTC/USD is largely because of a critical move in the EUR/USD forex pair. We have seen the pair decline below the 200-day moving average. Although...

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Why The Recent Pump In Bitcoin (BTC) Could Be A Smokescreen

The recent pump in Bitcoin (BTC) is bound to get many retail traders excited once again and have them hoping for a rally to $8,000 or higher levels. This is to be expected because investors in this market often tend to forget that certain things keep happening over and over again in this market. There always is a method to the madness. The price of Bitcoin (BTC) does not just up and pump more than 5% one day just after it had declined below $7,000 and exposed serious weakness. Meanwhile, all of this is happening in the midst of a...

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Sally Ho's Technical Analysis 3 January 2020 LTC BCH

Litecoin (LTC/USD) depreciated early in today’s Asian session as the pair fell to the 38.74 area after trading as high as the 41.51 area during yesterday’s European session.  The pair’s recent movements have been quite technical.  During Sunday’s move higher, LTC/USD traded as high as 44.02, just above the 43.89 area that represents the 50% retracement of the 65.60 – 22.17 range.  On Tuesday, the market pulled back and dropped to the 41.26 area, representing the 23.6% retracement of the move from 103.06 to 22.17.  Following the market’s test of 60.68 on 15 November, traders have had eyes on the...

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