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Analysts Find It Unlikely For BTC To Make A Comeback For Christmas

Analysts don’t see the bulls regrouping in the next month or so. December will more likely be a cold winter for the popular cryptocurrency.  For now, a slow but sure bleed seems to be on the table. Bitcoin is in the bears home now. While December has been the month people were anticipating to throw bitcoin to new heights, it seems like things might be a bit… underwhelming this year. Just as we saw BTC crash last winter, things don’t look great for the flagship cryptocurrency. Even analysts don’t see the bulls regrouping in the next month or so. December...

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Celsius Network CEO Discusses BTC & Why He Got involved With Crypto Part 2

Alex Mashinsky recently sat down with CryptoSlate in a new interview. In the interview with Mashinsky, the subject moved onto why he built Celsius, the risks of using crypto lending platforms, the challenges of building an app for crypto users, and why he thinks Bitcoin will not be the winning blockchain. The Celsius Network CEO Alex Mashinsky recently sat down with CryptoSlate in a new interview. The CEO is a bit time entrepreneur and is also the founder of seven New York-based startups. In fact, he has raised more than $1 billion and exiting over $3 billion. In the interview...

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Sally Ho's Technical Analysis 1 December 2019 BTC ETH

Bitcoin Bitcoin (BTC/USD) weakened early in today’s Asian session as the pair traded as low as the 7499.04 area after trading as high as the 7820.00 area during yesterday’s European session.  BTC/USD has twice tested the 100-bar MA (4-hourly) during recent trading sessions, an indication of upward price pressure. Traders are observing that BTC/USD is in a clash between Bears who sold the pair following its depreciation from the 10540.49 area and Bulls who have purchased the pair following its recent recovery from the 6526.00 level.  Chartists are observing some important clues including Bids that emerged during Friday’s North American...

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Bitcoin (BTC) Bulls Remain Complacent As Rising Price Raises Expectations

Bitcoin (BTC) rallied aggressively in the past five days after finding a temporary bottom. This move seems to be very close to coming to completion but the bulls have once again become too complacent. Rather than accepting that this might be the end of the move for now, many of them are eyeing further upside even past $8,000 from here. The 15 min chart for BTC/USD shows us how the price broken out of a symmetrical triangle in a fake move to the upside which was then followed by a sharp move towards the 200 moving average. It is important...

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Celsius Network CEO Discusses BTC & Why He Got Involved With Crypto Part 1

Alex Mashinsky recently sat down with CryptoSlate in a new interview. In the interview with Mashinsky, the subject moved onto why he built Celsius, the risks of using crypto lending platforms, the challenges of building an app for crypto users, and why he thinks Bitcoin will not be the winning blockchain. The Celsius Network CEO Alex Mashinsky recently sat down with CryptoSlate in a new interview. The CEO is a bit time entrepreneur and is also the founder of seven New York-based startups. In fact, he has raised more than $1 billion and exiting over $3 billion. In the interview...

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