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Bitcoin (BTC) Is Waiting On EUR/USD For Its Next Big Move

Bitcoin (BTC) made a big move to the upside after yesterday’s close that gave investors the false idea that the price had broken out of the symmetrical triangle and the descending channel both. However, it was nothing more than a fake out as the price fell back inside the descending channel erasing most of its gains. The bulls and bears are heavily divided here because this a major turning point. If the price goes up from here, the bearish resolve will be seriously weakened. On the other hand, if the price falls down from here that will be game over...

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How To Win Big With Bitcoin Part 1

The question we all want an answer too, how do I win big with Bitcoin? We’re going to explore some of the investment methods that can be used to help you benefit from the uncertainty of the cryptocurrency markets.Overall, it is possible to win big with Bitcoin, in fact we have seen tonnes of people become actual millionaires because of Bitcoin, so, why can’t we all do it? Granted, this is a very complicated area and in all honesty, there’s no way one can guarantee a win with Bitcoin, or any cryptocurrency, or any investment for that matter. Overall, investment...

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Sally Ho's Technical Analysis 26 August 2019

Bitcoin Bitcoin (BTC/USD) moved sharply higher early in today’s Asian session as traders pushed the pair to the 10,680.00 level, its strongest print since 20 August.  Stops were elected above several key levels, including the 10,367.06 area, representing the 38.2% retracement of the move from 4,702.53 to 13,868.44 and one that had proven to be tough technical Resistance over the most recent trading sessions.  Traders also triggered Stops above the 100-bar MA (4-hourly), the pair’s first move above this level since 13 August. The pair bounced higher just above the 9,938.16 area over the weekend, a level that represents the...

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Washington BTC ATM Stolen By Two Thieves Caught On Camera

Here’s an interesting bit of news for you, a Bitcoin ATM has reportedly been stolen in the United States with the theft even being caught on tape. According to a report published by the Finnish news site Ilta Sanomat posted this week, two thieves have gone out of their way to steal a bitcoin atm in the US in a mall-based in Washington DC on 3rd August. Furthermore, the alleged two suspects have been filmed by a surveillance camera as they stole the machine. The two timed their theft when all the shops in the mall were closed so no...

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How A Recession Could See Bitcoin Thrive

One thing that most Americans won’t want to hear right now is the word, ‘recession’.  Unfortunately that word came out of Donald Trump’s mouth earlier this week on the 20th and whereas a recession is a piece of bad news for the dollar, Bitcoin could take advantage of the situation and fly high during such a time.  The consensus of most analysts outlooks on the matter is that there won’t be a recession in the United States this year or next, but with everything going on in the US at the minute, who knows what will happen. The man behind...

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