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Is Ethereum (ETH) About To Make A Big Move Against Bitcoin (BTC)?

Ethereum (ETH) is about to make a decisive move against Bitcoin (BTC). The 4H chart for ETH/BTC shows the price trading within a large symmetrical triangle. Either it will break below it and resume its downtrend or we might see a move to the upside to potentially test the 0.0197 BTC level and possibly a retest of the top of the triangle. The probability of that happening remains low at the moment but considering that there is extreme fear in the market, we wouldn’t discount a potential bullish move to the upside to make retail bulls greedy once again before...

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How The Chinese Yuan (CNY) Could Shape The Direction Of Bitcoin (BTC)

Bitcoin (BTC) has been influenced by movements in major financial markets throughout its trading history. Forex pairs like CNY/USD and EUR/USD have had a major impact on the price of Bitcoin (BTC) and its direction. Before last year’s capitulation, we saw a major downtrend in USD/CNY which accelerated Bitcoin (BTC)’s decline below $6,000. The simple explanation for why that happened was the fact that major Chinese investors or whales were more comfortable cashing out into Chinese Yuan (CNY) at that point as the US Dollar (USD) was declining against it. It is always easier to cash out in a local...

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The Mystery of GiveCoinGifts

Kemball-Cook quashed any views that the Bitcoin bubble will burst at the time The world of cryptocurrency is a grey area for many, where people are not only sceptical but are very skittish on new developments. If you are looking for some stocking fillers for your friends and family, Bitcoin might be a good option to consider. Not only is it easy, but it’s is a gift no one else will have thought of. Well thanks to two British entrepreneurs, Laurence Kemball-Cook and Louise Doherty it’s even easier to gift crypto, or it was at least. As previously reported by...

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Is Bitcoin (BTC) Ready To Crash Below $7k?

Bitcoin (BTC) has finally begun its downtrend and is currently trading below the key support level of $7,400. The price remained range bound for a long time but is now expected to take a definitive direction. Traders might want to wait and see how the price trades around the 200 moving average. If it declines below that and subsequently the $7,193 level, that might be an opportunity to go short. If BTC/USD declines below $7k a lot of cryptocurrencies including large cap coins like Ethereum (ETH) will be hit the hardest especially because they have already lost much ground against...

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The 2020 Bitcoin Massacre: How Quantum Computing Threatens Cryptocurrency And What Quantum Resistant Ledger Does That Most Others Should

Technology advances continue to accelerate exponentially, bringing enhancements that change life for humanity forever. As is the case for any new tool or idea previously unknown to mankind, many unforeseen and potentially life-disrupting problems can present themselves along the way. The development of nuclear power was used to provide cleaner, cheaper and more efficient energy, but also gave birth to nuclear weapons and ecological concerns. The internet ushered in a new era of networking and enhance productivity across all aspects of human life. And now, we are starting to see the beginnings of quantum computers showing capabilities to push us...

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