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Litecoin (LTC) Might Tell Us What Bitcoin (BTC) Is Going To Do Next

Litecoin (LTC) has been in a lead for the most part since the beginning of the recent parabolic run. It has been a good indicator of what BTC/USD has been doing throughout the recent rally. Now, we have LTC/USD in two descending triangles which if broken to the downside would indicate that we might see a decline in Bitcoin (BTC) as well. If we look at the 4H chart for LTC/USD, we can see that it is already below the 200 EMA. This could fall further towards the end of the week and we might see the price break below...

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What If The Bitcoin (BTC) Bubble Actually Pops This Time?

Bitcoin (BTC) has declined below the 38.2% fib extension level and is now eyeing a decline below the 61.8%. If BTC/USD does fall below that level, we might see it decline temporarily towards the 200 EMA on the 4H time frame before it eventually declines further and completes the current correction just below $8,000. This would be the steep move to the downside that we expect which will most likely be followed by a pump to the upside. After that, we will see another gradual decline kick in. Now, this is what we see on the shorter time frames and...

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BitMEX CEO & Nouriel Roubini’s Explosive Bitcoin Debate - The Highlights

Earlier this week, we saw the CEO of BitMEX Arthur Hayes have a heated debate with Nouriel Roubini (Dr Doom) in Taipei City, Taiwan. During this years Asian Blockchain Summit, the two argued the points of whether cryptocurrencies are the future of finance of just a scam in disguise. Both parties had different views of course. Oh and just before we get into it, there’s quite a bit bad language from the pair - as you might expect in such debate... Roubini said that “shi**y behaviour” is what occurs in the crypto space with all the scammers and hackers around....

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BTC Ponzi Scheme Fools South Africans With “100% Guarantee Promise”

Bitcoin’s recent bull run took it over the $13k which has given the crypto community a sense of optimism. Such optimism was short-lived since the digital asset has been fluctuating like mad ever since with no one knowing what will happen over the next few days. As well as the crazy volatility Bitcoin has been experiencing, a new Ponzi scheme has just been uncovered in South Africa that duped investors of $135,000 on a daily basis. Thousands of people in the city of Ladysmith were fooled into the scheme and were enticed to invest in a firm called Bitcoin wallet...

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Trump Manipulation Call Could Be Bullish For Bitcoin

The President of the United States, Donald Trump has recently made a call to the nation’s monetary policymakers to match China and the European Union in adopting ‘dovish’ policies. Known for speaking his mind on Twitter, Trump accused both China and Europe of playing a game of currency manipulation. “China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games - as they have for many years!” According to...

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