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Could the US election take the pressure off bitcoin?

During the middle of March, the pandemic of coronavirus had a massive hit on the world economy including the space of crypto.  This was a turning point for bitcoin and it established itself as a non-correlated asset as it got recognition from some of the top critics of crypto including people like Peter Schiff. Over the course of 2020, we have experienced some highs and lows within the crypto space. During the middle of March, the pandemic of coronavirus had a massive hit on the world economy including the space of crypto. This was a turning point for bitcoin and...

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9303.51 Remains a Key BTC/USD Challenge: Sally Ho's Technical Analysis 15 July 2020 BTC

Bitcoin (BTC/USD) awaited fresh market sentiment early in today’s Asian session as the pair continued to oscillate between the psychologically-important 9000 figure and the 9500 area.  Traders recently took the pair as high as the 9339.61 level, an area of technical resistance that represents the 23.6% retracement of the recent appreciation from 8905.84 to 9475.00.  Likewise, that level was also right around the 9331.75 area, representing the 61.8% retracement of the recent depreciation from 9475.00 to 9100.00.  Some traders believe BTC/USD is exhibiting a downward bias given some of the recent resistance it has encountered, and a series of lower...

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Bitcoin Bear Trap Before The Crash?

Bitcoin traders are confused as to the direction of the market as BTC/USD has been trading sideways for a long time. This usually gets too boring for most traders and they assume this means the market has run out of steam and is ready to keel over. While we do expect a major crash in Bitcoin, one that would probably put the crash from March to shame, it is important to realize that it is not going to happen when everyone is expecting it.- Crypto Twitter plays a major role in shaping retail sentiment in this market. We have noticed...

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Peter Schiff Twitter poll: it turns out HODLers won’t be selling the BTC any time soon…

For a long time now, Peter Schiff has slated the leading cryptocurrency for simply being!  The crypto coin has been successful in trolling the well-known sceptic as he attempted to discredit investors to no avail.  For a long time now, the well-known bitcoin naysayer Peter Schiff has slated the leading cryptocurrency for simply being!  The crypto coin has been successful in trolling the well-known sceptic as he attempted to discredit investors to no avail.  In a recent Twitter Survey on the 14th of July, Schiff asked how long it’s going to take for bitcoin trading at four figures for investors...

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One analyst on Twitter has indicated bitcoin has a very good chance of surpassing $10,000 next month

Over the past month, there have been a lot of indicators that would suggest that bitcoin is getting ready to break out.  These signals specifically show bitcoin is in the best position it can to make such a bullish movement and even trade above $10,000.  Over the past month, there have been a lot of indicators that would suggest that bitcoin is getting ready to break out. These signals specifically show that bitcoin is in the best position it can be to make it such a bullish movement and even trade above the $10,000 key resistance level.  There are many...

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