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Tom Lee Believes Bitcoin Will Still Breach $20K And That Blockchain Is Still A Radio Compared To A Mobile Phone

Tom Lee of Wall Street is one of the industries more famous bulls. He believes that Bitcoin is horrendously undervalued at the moment and even expected Bitcoin to reach an all time high of $25,000.00 by the end of 2018. According to CNBC, Lee has recently come back from that prediction, stating that after a closer review of the markets, Bitcoin is only likely to just breach $20,000.00 this year and that $25,000.00 is now probably out of reach. Lee speaks with great authority. As a Fundstradt Founder and as a critically acclaimed Wall Street Strategist, his predictions are often...

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Why Are So Many Reluctant To Do The Bitcoin Dance?

First of all, what is the Bitcoin Dance? Honestly, this isn’t a social phenomena, it’s a term we have just made up. Let’s hope that this takes off though, perhaps Bitcoin Dance will enter the dictionary and our name will be printed next to it? Who knows? The Bitcoin Dance refers to getting on the Bitcoin hype train. So, it’s not Bitcoin investment as such, the Bitcoin Dance is simply accepting and recognising Bitcoin. Bitcoin is a cryptocurrency with a market capitalisation (at the time of writing) at $114,821,515,659.00 yet still, entire communities are refusing to accept that it exists....

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Top Four Breakout Coins For July 2018 - BTC, EOS, TRX, & ETC

As we settle into July 2018, we want to explore some of the coins that have the potential to breakout this month. This is mostly because we want to inject some faith back into the markets. The past few months have been pretty low for the value of cryptocurrencies and as a result, the community is feeling a little withdrawn. This is an attempt to cheer you all up a little bit, at the very least, so here we have it - Crypto Daily’s top four breakout coins for July 2018! Before we begin, please remember that this is not...

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Bitcoin Is A Ponzi Scheme And May Be Worth Nothing Soon, According To The New York Post

The New York Posts John Crudele has published an article that discusses some reasoning for his theory that Bitcoin is about to fall out of itself and totally lose all value. Whilst this is a bold and frankly unrealistic claim, this is something that we should explore. The New York Post is one of the largest newspapers in the United States, in fact the website alone reached more than 57 million unique visitors in January 2017. With this in mind, we can safely conclude that The New York post is huge and therefore, what writers like Crudele publish, will be...

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Why Bitcoin (BTC) Could Be Repeating 2013 And 2014 At The Same Time

Last week was critical for Bitcoin (BTC) because it could have closed below the 21 EMA for the first time since 2016. This would also have invalidated a 2013 styled bullish view and pushed Bitcoin (BTC) into a bear market for a long time. However, fortunately for Bitcoin (BTC) none of that happened as the price bounced off the 21 EM and closed a monthly candle above it, affirming a bullish view. So, far Bitcoin (BTC) seems to be repeating a 2013 styled price action which is a 2 years bull run, comprising of two segments. Bitcoin (BTC) has already...

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