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Bitcoin (BTC) Rallies From Strong Support, Price Expected To Keep Rising

Bitcoin (BTC) rallies towards the top of the symmetrical triangle in an interesting turn of events as the bulls have suddenly regained control. The price is now expected to continue to rise towards the top of the symmetrical triangle and it is likely to break above it. The probability of a rally towards $4,500 is higher than before and the price is expected to ultimately close below the 200 day moving average. The Stochastic RSI point to a favorable near term outlook for BTC/USD as the price is fairly oversold short term. Bitcoin (BTC) has tested the 38.2% Fib extension...

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Anti-Bitcoin SV Protest Spurs On With Bitcoin Unlimited Losing Another Member

Today it was announced that the occasional developer Tomislav Dugandzic has decided to leave Bitcoin Unlimited following the exit of Bitcoin ABC lead developer, Amaury Sechet and Anthony Zegers. Dugandzic does so “in protest” of Bitcoin Unlimited friendliness with Bitcoin SV elements within its forces. After careful consideration I too am hereby resigning my BU membership. Antony Zegers and Amaury Sechet have already resigned in protest and so am I. The current BU leadership's collaboration with the BSV community is unacceptable and I want no part in it. — Tomislav Dugandzic (@todu77) March 26, 2019 With the departure of Dugandzic,...

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BTC & BCH Payments Removed From Twitch

One thing you might not know is that the popular live video streaming platform, Twitch is actually owned by Amazon. The streaming platform has recently removed the Bitcoin and Bitcoin Cash options for payment methods for subscriptions. The news of Twitch getting rid of these two cryptocurrencies on the platform got many people thinking of whether digital assets, as a form of payment, is going through a rough patch or if this was just a one-off move from Twitch. Ditching Twitch So, Twitch has decided to remove Bitcoin and Bitcoin Cash payments from their platform although they did it very...

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WhatsApp To Support BTC, XRP & ETH

It seems that the worldwide famous WhatsApp might be adopting Bitcoin along with other tokens through a new crypto wallet service developed by Wuabit. The new Wuabit service will allow users of the popular social network to access their crypto assets from within WhatsApp. Wallet functions include sending, receiving, trading and in the future maybe other crypto related tasks will be added. In addition to this, the team is planning to bring the service to other social media like Telegram, Viber and Facebook Messenger. The rumours suggest that public beta will start next month. The firm has mentioned that AI...

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Sally Ho's Technical Analysis 27th March 2019

Bitcoin Bitcoin (BTC/USD) encountered strong buying pressure during today’s Asian session, with Bulls gunning for the 3980.57 level, representing the 61.8% retracement of the 4056.33 – 3858.00 range. Stops were reached above the 3922.99 area, representing the 100-bar MA on a 4-hourly chart, with further Stops elected above the 3969.94 level, the 50-bar MA. The 3984.88 level is a next major upside target for Bulls, representing the 61.8% retracement of the 4188.79 – 3655.00 range. Today’s intraday gains were reached after price activity managed to remain above the 200-bar MA (3873.11) yesterday following a test on 25 March. Technical Support...

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