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Bitcoin (BTC) Very Likely To Lure Bulls In A Trap Before The Next Big Fall

Bitcoin (BTC) is now massively overbought on the weekly time frame and is due for a big fall. The NVT indicator is signaling a fall on both the weekly as well as the daily time frames but we have reasons to believe that the price might lure some bulls in trap before the next big fall. The Stochastic RSI is near oversold territory on the daily time frame for BTC/USD and there is ample room for a rally towards the next resistance zone around $5,800-$6,000. We have seen most analysts turn from overly bullish to overly bearish in a very short...

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Sally Ho's Technical Analysis 19 April 2019

Bitcoin Bitcoin (BTC/USD) weakened during today’s Asian session as the pair depreciated to the 5196.70 level, a key retracement level that is right around the 50% retracement of the 5488.00 – 4901.99 range. The pair has orbited this area throughout the week and traders await indications if the pair will be able to make a sustained move above or below. BTC/USD traded as high as 5318.18 during yesterday’s North American session, representing its strongest print since 10 April. As we have written all week in our analyses including 18 April 2019, the pair has largely been supported around the 5176.07...

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From Broke To Bitcoin: Effective Tactics For Earning Free Or Almost-Free Crypto in 2019

If you’re one of the many people just starting to get into Bitcoin and other cryptocurrencies but find the price is way beyond what you can afford, congratulations, you’re among the majority of people trying to get into cryptocurrency. Bitcoin is expensive, so is Ethereum and Litecoin to a lesser degree. The writing on the wall is getting much clearer for cryptocurrency by the day; it is here to stay for the long term. So what are your options if you have little to no money to get started but want to start earning cryptocurrency someway, somehow? There is still...

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Could Bitcoin (BTC) Rally Towards $6,000 Before The Weekly Close? 

Bitcoin (BTC) is at a very interesting point. On one hand, we have the possibility of a golden cross that could make the price fly straight towards $5,800-$6,000. This golden cross has a high probability of coming to fruition now that the price is trading above the 200 day moving average. The 50 day and 200 day moving averages are very close and soon as the cross over happens; we could see the price shoot towards the major resistance zone around $5,800-$6,000. The Stochastic RSI on the daily time frame shows that the price could make a final move to...

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This Weeks Exciting Crypto Updates: Bitcoin SV, xRapid, and Notre-Dame

This week has been a particularly interesting one for the crypto space. Well, not just for the crypto space though as the recent fire that broke out in Paris has been felt by everyone around the world, something of which you can now help re-build with Bitcoin. Also, this week we saw xRapid make even more waves on a global scale and the controversy that came from Bitcoin SV has made some stirs on Twitter. Bitcoin SV Let’s start with Bitcoin SV. You may have heard of the Kraken Exchange who recently announced that its final decision to delist Bitcoin...

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