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Bitcoin (BTC): How Will Hodlers Cope With Bullish Pressure?

Chart for BTC/USD (1W) Bitcoin (BTC) hodlers have held on to their horses during the bear trend. They have refused to give in to market pressure. In fact, most hodlers are holding at more than 70% losses. However, they have no intention of selling as they believe the price will eventually go up. In any market, there are different types of investors with different approaches. Hodling is also an approach and a very effective one. However, not all investors become hodlers for the same reason. This means that most of them do not necessarily have a plan. So, they are...

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Bitcoin & Ethereum Take Over Twitter

According to CoinTrendz, over the past day, there were over 2,000 tweets related to Bitcoin which tops the list of most crypto mentions and beats the other leading digital currencies, Ethereum and XRP and with NANO at the bottom of the top ten with over 450 tweets. Over the past day, here are the most mentioned cryptos on Twitter As previously mentioned, Bitcoin had over 2,000 tweets over the past day Ethereum was discussed in over 1,150 different tweets Ripple’s XRP token had over 850 tweets yesterday Litecoin had more than 770 tweets over the past day NEO had over...

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TRON Still Best Performer Against BTC, XRP & ETH

In recent months, TRON has seen some slight upward movement and currently sits at number eleven on the top 100 cryptocurrencies on CoinMarketCap. September is where TRON really found its legs as it was listed on the Crypto Exchange Platform. Being listed here means that users on the platform will be able to buy TRX in exchange for dollars via their own credit cards. This impact has put TRON on a higher level of usage and an attraction of investors and digital currency fanatics who are looking for the next big thing in the crypto space. Despite TRON being priced...

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Using PayPal For Bitcoin

A startup com company in Switzerland is aiming to use cryptocurrencies for online transactions to be as safe as possible by using PayPal. Mainstream have almost always slated cryptocurrency, claiming that it’s hard to spend being their main argument. According to CNBC, the total Bitcoin spent on merchant services went up to over $190 million last year from a mere $9.3 million in 2013, but with the market being in its early stages this is a big feat. The Bank of the Netherlands published a study back in February this year which showed that only 2% of online retailers actually...

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Bitcoin (BTC) May Never See $6,000 Again

Chart for BTC/USD (1W) Bitcoin (BTC) is finally out of the woods. The above weekly chart for BTC/USD shows that Bitcoin (BTC) has formed a weekly candle above the historical downtrend line. This is the first time since January 2018 that Bitcoin (BTC) has breached this resistance line and formed a candle above it. The 10 Week EMA is about to cross above the 21 Week EMA which will confirm the beginning of a new cycle. As the new cycle is confirmed, Bitcoin (BTC) will immediately rise above $7,000. Industry leaders like Tom Lee of Fundstrat and Arthur Hayes of...

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