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Bitcoin (BTC) Likely To Close The Week Above $4,000 But Uncertainties Loom Over

Bitcoin (BTC) is expected to finally close the weekly candle above $4,000 given its current outlook. The 1H chart for BTC/USD shows that the price has ample room to shoot towards the top right of the bullish gartley formation before the weekly close. This would set the ground for a steady decline in the weeks ahead as the bears assume control. However, this time around things are not so simple. While the bulls are not in charge, the bears seem to be losing control as well as the number of margined shorts has just topped out and we could see...

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Italian Facebook Users Notice New Payment Option On Platform

Users of Facebook in Italy have noticed something out of the ordinary recently on Facebook. They’ve noticed a new option on the apps social network that invites them to “Paga con Facebook” meaning, Pay with Facebook. The option has also got a Bitcoin-like logo above it too. Simultaneously, there has been some new rumours which have surfaced about the firm’s plans to enter the crypto space with their new digital currency, Facebook Coin. Even though there hasn’t been an official announcement on the subject by Facebook, hopefully, we aren’t too far away from one. The news on Facebooks Italian users...

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This Week's Exciting Highlights: ETH, XLM & BTC

There’s always something to talk about when it comes to the crypto space and this week is no different. This week saw a lot of fresh news surface including a new Bitcoin scam that swept across Instagram, Stellar follows in Ripple’s footsteps and has been granted a listing on Coinbase and the Abra platform have announced support for Ethereum. Ethereum & Abra Abra is one of the biggest cryptocurrency wallets in the industry right now and they have announced that they will be expanding their services to support Ethereum. This will, of course, help Abra grow but it will also...

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What To Do This Altcoin Season

Before we begin, please note that this is not investment advice and we are not investment advisors, rather we are just trying to offer some insight into some possibilities that could occur as a result of ‘Altcoin Season’, a phenomena that occurs when altcoins start to shoot up away from the trend of Bitcoin - some investors call it a pump and dump, but this might not always be the case. Remember that investing in any cryptocurrency is a risky business, all cryptocurrencies are volatile and are subject to dramatic price changes, therefore you should only invest what you can...

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Ripple (XRP) Faces Strong Rejection At 21 Day EMA Against Bitcoin (BTC)

Ripple (XRP) has just faced a strong rejection at the 21 day exponential moving average against Bitcoin (BTC). This is a strong setback for XRP/BTC considering the price is already in a do or die situation. The only thing that could save Ripple (XRP) from significant further downside is a rise above the 50 day moving average. If it fails to do that and faces a rejection at the 50 day moving average, we might see a strong decline below the 200 day moving average. If the price falls below the 200 day moving average, we could see it flash...

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