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The Moment Android OS HODLers Have Been Waiting For: Voyager Exchange App Is Available For You, Come Get Your $25 In BTC Now!

This has been a very busy month for the team at Voyager Digital. Most recently, they made the exciting announcement of their November 1st go-live of a 3% interest program for all accounts with 0.01 BTC or more; a move that is a first of it’s kind in this crypto exchange space. Only several weeks prior, the mobile-only exchange had announced a 5% interest program for all accounts holding Voyager Token (previously known as Ethos). It was no surprise to see such excitement on the faces of the executive leadership during the ringing of the opening bell on the Toronto...

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Sally Ho's Technical Analysis 31 October 2019

Bitcoin Bitcoin (BTC/USD) pared minor gains early in today’s Asian session as the pair fell back to the 9145.00 area after trading as high as the 9236.76 area late in yesterday’s North American session.  Bids emerged around the 8991.33 area during yesterday’s European session, just below the 76.4% retracement of the 7508.77 – 13868.44 range.  Short-term market sentiment began to erode late in yesterday’s Asian session when the pair peaked around the 9515.03 area, unable to move above the 9532.39 area that represents the 38.2% retracement of the 19891.99 – 3128.89 area.  Chartists are closely watching the 8918.47 area as...

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Tom Lee’s Bullish Stance On The S&P Could Reflect Bitcoin

The Fundstrat co-founder and bitcoin analyst Thomas Lee tweeted out an analysis earlier this week in regards to the state of S&P 500.  Despite a weakening worldwide growth as well as an ever-increasing uncertainty surrounding the ongoing trade wars and responses against big tech giants, the S&P 500 closed at a new all-time high according to Lee. The Fundstrat co-founder noted to some past precedents in that the S&P unexpectedly went on a tear on the back of previous lows, stating: “If markets follow path of 3 precedent ‘markets to nowhere’ this is good news for equity investors.” One of...

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Bitcoin All Set To Begin Next Downtrend

Bitcoin (BTC) is ready to begin its next downtrend and we talked about this in our last video analysis that a downtrend from current levels is inevitable. We now see BTC/USD trading within a descending triangle. Historically, we have seen that descending triangles lead to further downside. They may not always break to the downside but they do lead to downside most of the time. In this case, we might see a fake out as we have before but the market is likely to enter a downtrend soon afterwards as there is not much room for further upside. A temporary...

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Bitcoin (BTC) Could Decline Below $9,000 In A Matter Of Days

Bitcoin (BTC) could begin its downtrend soon as it declines below the key descending triangle that it has been trading in for a while now. This descending triangle while unlikely to break cleanly to the downside would lead to further downside nonetheless. Descending triangles in this market are often invalidated first with fake outs that shake out most of the retail bears and then the downtrend actually begins. If the same were to happen this time, we would expect it in the next few days as conditions are ripe for another fake out on the 4H chart for BTC/USD. However,...

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