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Bitcoin IS In A Bull Market According To Rekt Capital

Has the bear market actually ended? It might sound silly to newcomers in the industry with bitcoin now worth around half of its all-time high of $20k, but many are still wondering whether the infamous bear market has actually ended.  Rekt Capital have just answered one question in a recent tweet and article posted onto Medium. Their answer is that bitcoin is indeed in a bull market. There are people like Tom Lee and Mike Novogratz who also agree with this claiming that the bears are, at least for now, gone.  Get Rekt In explaining its position, Rekt Capital noted...

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Bitcoin (BTC) Is Running Out Of Reasons To Stall Its Move To The Downside

Bitcoin (BTC) is running out of reasons to stall a move to the downside. First, it was the “symmetrical triangle” that some analysts tried to draw on the BTC/USD chart. In all fairness to them, it was a symmetrical triangle but technical analysis is about more than just lines on a chart. You cannot just draw lines on a chart and say “the price might either crash hard or rally hard”. You need to have an idea as to what might happen and why it might happen. The manner in which the price has been resisted a meaningful decline is...

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Why Bitcoin Is Not As Censorship-Resistant As You Might Think

One of the biggest perks of cryptocurrencies is the anonymity of transactions. At the same time, only a few cryptocurrencies offer real anonymity and, surprisingly enough, Bitcoin isn't one of them!  Why do we really even need privacy features if we aren't criminals, dealing drugs, or sailing on nefarious sites within the dark web? Well, we don't have to be criminals to protect our private life, and money is an important part of it. In a world where all bank transactions are monitored and with the risk of all your savings being frozen with the click of a button, it’s...

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Thing’s Aren’t Looking Good For Craig Wright As Kleiman Estate Is Awarded Bitcoin By Court

One of the best things to hit the crypto industry, in terms of intrigue and gossip, is the Craig Wright/Dave Kleiman case. Well I say one of the best things but in reality, the case is very controversial. An industry educator that was attendance in the Southern District of Florida court, wrote that David Kleiman was awarded 50 percent of the supposed 1.1 million Bitcoin mined and 50 percent of intellectual property that Wright owned prior to 31st December 2013. Given that Kleiman has passed away now, his estate was awarded the half. Bad news BSV.KLEIMAN AWARDED 50%IP AND BITCOIN...

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When Bitcoin Corrects, Reaccumulation Will Follow

Over the course of 2019, we’ve seen Bitcoin go from extremely bearish to surprisingly bullish. Considering the leading cryptocurrency was on the brink of sinking below $3k, Bitcoin rose to a high of $13k this summer and whereas it’s not at that price now, it’s still faring relatively well at the $10k mark.  Over the past couple of weeks, Bitcoin has been going into a bearish trend and after it failed to rebound past the $13k mark again, things went downhill.  Some analysts have been calling for the leading currency to fall even further. One analyst by the funky name...

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