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How Long Will This Bear Market Last?

The past few weeks have seen the cryptocurrency market showing several different fluctuations. With crashes, recovery and crashes again, the turmoil seems neverending. Bitcoin has been the spearhead for the crypto market like it always has been, but in recent weeks this isn’t something to write home about. The leading cryptocurrency is down under the $5,000 key resistance level for the first time since October last year. Ripple and Ethereum and swapped places and are also seeing heavy losses but XRP seems to be doing better than the rest leading some analysts to believe that XRP could overtake Bitcoin for...

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When Will Bitcoin Recover From Its Slump?

The Chief Commercial Officer at BitPay has estimated that Bitcoin will go through the current bear market and return to its all-time high of $20,000 next year. Sonny Singh thinks that 2019 is going to be an incredible year for the cryptocurrency market. He also believes that we will see lots of institutional products launched by Wall Street Giants such as BlackRock, Fidelity and more. In a recent interview held by Bloomberg Technology, Singh spoke saying that he thinks we should pay less attention to a price and focus on the developments that go on behind the scenes. He believes...

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Could Black Friday Help to Haul Bitcoin Out of the Slump?

As Thanksgiving approached this time last year, Bitcoin was about to take off. As it became the most-discussed topic over the turkey dinner of countless families, the price shot up to $10,000 by the end of November. Before the next three weeks were out, Bitcoin hit its all-time high of $19,783. Looking back, nobody really knew those glory days would be so short-lived. Now, despite a steady trading month in October, Bitcoin has tanked further over the last couple of weeks - down to below $5,000 at the time of writing. Whereas this time last year, retail investors were falling...

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A Rundown of BTC, XRP, BCH, XLM & More

The past few weeks have been hectic for the cryptocurrency markets. Fluctuations in price is an understatement. Bitcoin a massive crash losing $1,000 in price value in just 24 hours and it seemed to bring the whole market down with it. At the current time of writing the whole market is in the red and so let’s take a look at how the top ten cryptocurrencies are doing at the time of writing. Monero Monero is an open source cryptocurrency which was launched in April 2014 and focuses on fungibility, privacy and decentralisation. At the current time of writing the...

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Bitcoin (BTC) Fall Below $4,000 Has The Same Odds As A Stock Market Crash

Bitcoin (BTC) does not go up and down on its own. Markets are interconnected and there is a reason for every move up and down. For those of you wondering why Bitcoin (BTC) crashed the past few days, you could look at Bitcoin (BTC)’s historical price action and get some clues. The price of Bitcoin (BTC) did capitulate in a similar manner back in 2015, so it was only reasonable to expect it this time in order for the true bottom to be formed. This is a very plausible explanation in itself if you are looking at Bitcoin (BTC) and...

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