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Bear Market Back In Full Swing, Bitcoin Will Dip Past $6,000.00 Today

After seeing a few days of positive movements within the markets, the same old ‘June doom and gloom’ is back, with a vengeance by the looks of it. As the bears grip on the market tightens once more, cryptocurrencies are falling, some of which are dropping at an astonishing rate, as a result of this, we are sure to see some new lows breached through the day. Furthermore, we can be pretty certain now that this trend will continue through to July, making June the second consecutive month of disappointment, drawing the second quarter of the year to a close,...

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Bitcoin Might Not Breach $10,000 In The Next Bull Run

It is safe to say that Bitcoin has struggled recently. Not just in terms of its value, but also its reputation too. Bitcoin is under pressure from rival altcoins that are promising the cryptocurrency community far more than Bitcoin can offer. Moreover, smothered within the Bitcoin Core vs Bitcoin Cash debate, Bitcoin is starting to lose its fan base. Of course, Bitcoin still remains the king of crypto and probably always will be, however, status means nothing when you’re unable to withhold your value, right? Our latest calculations point towards how Bitcoin will perform if another bull run takes off...

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‘Crypto Virgins’ Are Driving The Price Of Bitcoin

Very recently, news has found that stablecoin, Tether, has been accused of being used to manipulate the price of Bitcoin. You can see our coverage of this story, here- https://cryptodaily.co.uk/2018/06/new-reports-find-that-tether-is-being-used-to-manipulate-bitcoin-price/ We all know that the cryptocurrency markets are volatile and thus, we all know that lots of influencing factors can change the price of Bitcoin, be that political, traditional-financial or indeed, crypto-financial. Interestingly, as the price of Bitcoin moves, the rest of the markets move, which is why, when we see research such as the following, it does come with an air of concern. If Bitcoin is being manipulated, then...

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Bitcoin, Ethereum & Ripple Still Up As Market Balance Continues

Today, the positive market trend of yesterday is continuing, ploughing prices back up after a devastating weekend for the markets. We are pretty certain that this is simply just correction, indeed, this sentiment is reflected by the fact todays progressions are far steadier than those we witnessed yesterday. Even so though, in terms of increasing value, correction is of course a good thing. How long will this continue? We expect to see this trend continue for today at least, as we enter the middle of the week though we are likely to see the trend tail off and may witness...

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Has Bitcoin (BTC) Reached Rock Bottom Yet?

Bitcoin (BTC) took a trip to hell and apparently made it back last night when a fall below $6,000 took many by surprise. Fortunately, Bitcoin (BTC) formed a doji just above the support line which pumped back some life into the cryptocurrency and pushed it back above $6,200. The price currently trades at $6,223 with an oversold RSI on the daily chart. Bitcoin (BTC) has also succeeded in forming a green candle right after the doji, which has convinced many market analysts that this correction might be over. This is the third time Bitcoin (BTC) has tested the $5,800 level...

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