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BTC/USD Building Base Above 100-Hour Moving Average: Sally Ho's Technical Analysis 12 September 2020 BTC

Bitcoin (BTC/USD) looked for fresh trading sentiment early in today’s Asian session as the pair continued to trade above the psychologically-important 10000 figure.  Market activity was confined to a tight range during yesterday’s Asian, European, and North American sessions, the latest evidence that traders await fresh trading ideas.  Bids emerged around the 10200 level during yesterday’s European session, and traders were unable to move the pair above the 10384.23 level during yesterday’s Asian session.  BTC/USD continues to orbit the 50-bar, 4-hourly simple moving average, and has recently moved above the 50-hour and 200-hour simple moving averages.  BTC/USD bulls are looking to see...

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As Warren Buffett gets involved in more tech companies, Will his interest circulate round to bitcoin?

Berkshire Hathaway and it’s long time leader, Warren Buffett invested in the technology cloud company, Snowflake. For many years now, Warren has avoided new technology companies and has been a heavy investor in traditional assets such as financial institutions but things seem to be changing at Berkshire Berkshire Hathaway and it’s long time leader, Warren Buffett invested in the technology cloud company, Snowflake. For many years now, Warren has avoided new technology companies and has been a heavy investor in traditional assets such as financial institutions but things seem to be changing at Berkshire. The reason that Warren has been...

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Institutional interest is still high despite BTC price sentiment 

When you compare how bitcoin and its price sentiment was earlier this year in July and August, the tide has changed as we enter September, no doubt. Currently priced at just above the $10,000 mark at the time of writing, many analysts had predicted that bitcoin would break out above $12,000 at some point in the last two months. When you compare how bitcoin and its price sentiment was earlier this year in July and August, the tide has changed as we enter September, no doubt. Currently priced at just above the $10,000 mark at the time of writing, many...

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BTC/USD Shows Life with Pop Above 10354.65: Sally Ho's Technical Analysis 11 September 2020 BTC

Bitcoin (BTC/USD) displayed some upward momentum early in today’s Asian session as the pair continued to score gains above the psychologically-important 10000 figure.  The pair traded as low as the 10175.35 area during yesterday’s Asian session, representing a test of both the 50-hour and 100-hour simple moving averages.  Traders later pushed the pair above the 50-bar, 4-hourly simple moving average and 200-hour simple moving average during yesterday’s North American session.  BTC/USD bulls are looking to see if the pair can establish a base above the 10354.65 area, representing the 23.6% retracement of the depreciating range from 12086 to 9819.83.  The next upside...

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10 BTC Bonus: Doubles Your Profitability On Bexplus Futures Exchange

Following the rebound of stock, bitcoin and altcoins are showing signs of strength. Although the crucial four-figure price region has been tested several times, bulls managed to protect the important $10,000, which could be viewed as a positive sign for an uptrend in the near-term.  Last week’s massive free-fall had many traders spooked, while short traders found their pockets full of money. With leveraged trading, traders can long or short bitcoin based on the main trend of bitcoin. The more volatile the market is, the more opportunities for traders to profit. Taking advantage of the price swings and leverage offered...

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