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Bitcoin (BTC) Likely To Test $3,000 Before Expected Trend Reversal

Bitcoin (BTC) is likely to fall to $3,000 before the long expected trend reversal. The probability of that happening now is higher than ever considering the price as run into a strong resistance. The price has faced a strong rejection at this resistance and is likely to fall significantly in the next 48 hours. It is also possible that BTC/USD may fall slightly below $3,000 to trap in some bears and trigger the big short squeeze that we have been calling for the past few days. The number of Bitcoin Shorts has already started to decline but chances are that...

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Is Facebook On The Cusp Of Bitcoin Adoption?

How many times have we heard Facebook mentioned within the cryptocurrency space this year? It seems that Facebook are intent on inciting a bit of a blockchain revolution, though still, none of us really know exactly what Facebook intend to do here. Do they want to move their social network onto the blockchain, or are they looking at the adoption of Bitcoin? Moreover, do Facebook want to create their own coin? So many questions, yet as it stands, so few answers. Facebook, in crypto The first major piece of news regarding Facebook within the crypto sphere came early in 2018,...

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As Bitcoin Falls, BTC Dominance Continues To Fly

Over the past month, we’ve seen nothing but red on the crypto markets. There seems to be a crash almost every few weeks at this point but there was a glimmer of hope over the weekend however, it was nothing significant worth reporting. The total market capitalisation is still way down being at around $112 billion at the current time of writing but it could decline even further at any time as the bears are still very much in play. Bitcoin has crawled it’s way back up by 0.31 percent over the past 24 hours which has given it a...

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Bullish Prediction From BTCC Co-Founder

After tweeting his bullish prediction for Bitcoin, the brother of Litecoin creator, Charlie Lee and the co-founder of BTCC, Bobby Lee kicked off a lot of buzz in the crypto community starting a so-called ‘tweetstorm’. The Twitter buzz began on Friday last week and saw the longtime crypto proponent give some very bullish predictions for Bitcoin to his followers on social media. Lee joined the dots between the decade-long history of Bitcoin of commotion, slow bear markets and the amazing bull runs. Lee said that if history repeats itself then Bitcoin will find its true long-term bottom by January next...

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Ripple And Bitcoin: What Happened Last Week?

Last week was an eventful one, to say the least. The market crashed once again leaving many to wonder whether it will rise again. I suppose last week is a good way, to sum up, 2018. Ripple Last week saw Ripple looking for a new solutions architect which will aid the growth of RippleNet “by designing and then guiding the deployment and integration of Ripple’s solutions with banking and payment systems for Ripple’s customer base in India and the Middle East.” Jim Chauncey-Kelly, who is the Director and Talent Acquisition at Ripple according to this Twitter announced on the platform:...

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