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Why price brings more people to bitcoin than the technology

  Many people within the crypto space will make the claim that they are in the industry for one reason only, and that is because of the technology.  But even though many people are involved in bitcoin and other crypto assets for the technological side behind it, more people than most are in it for the money aspect. Many people within the crypto space will make the claim that they are in the industry for one reason only, and that is because of the technology. But even though many people are involved in bitcoin and other crypto assets for the...

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BTC/USD Bids Around 9243 Keep Bulls Alive: Sally Ho's Technical Analysis 19 June 2020 BTC

Bitcoin (BTC/USD) found a minor bid early in today’s Asian session as the pair escalated higher to the 9388.00 area after trading as low as the 9227.03 area in yesterday’s Asian session, just below the 50% retracement of the recent appreciation from 8895.01 to 9592.04.  This low was also just below the 9256.80 area, representing the 23.6% retracement of the recent depreciation from 10428.00 to 8895.01.  Traders have been unable to keep the pair above the 9530.47 area during its recent brief trading activity above this level, representing the 50% retracement of the recent appreciation from 8632.93 to 10428.00, and...

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Bitcoin Might See A Final Bullish Wave

Bitcoin is expected to see another retest of $9.7k despite all the temporary bearishness. The larger trend is bearish and will continue to remain bearish until we see a higher high and a higher low which would mean BTC/USD climbing above $10,500. That appears to be a long shot at this point but a retest of the trend line resistance is very likely which means BTC/USD has room to shoot back to $9.7k or slightly higher. This would shake out more retail bears and discourage them from going short just when the market is ready to crash again. The price...

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How Satoshi’s lack of identity can benefit bitcoin

Satoshi Nakamoto. The two words associated with bitcoin and its creation.  The identity behind the pseudonym of the name has been long hidden and even after all the success that the cryptocurrency has achieved. Satoshi Nakamoto. The two words associated with bitcoin and its creation. The identity behind the pseudonym of the name has been long hidden and even after all the success that the cryptocurrency has achieved, especially looking back into 2017 when it hit its all-time high of $20,000, the creator of the assets is nowhere to be seen. It’s a mystery that will probably never be solved,...

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The president vs Bitcoin: Trump allegedly told Treasury Secretary to ‘go after bitcoin’

It is well known that Donald Trump is not a fan of the leading crypto, nor any digital assets within the industry. In July last year, he took to Twitter to comment on the asset saying that it is not money and is based on thin air only. It is well known that the United States President Donald Trump is not a fan of the leading cryptocurrency, nor any digital assets within the industry. In July last year, he took to Twitter to comment on the asset saying that it is not money and is based on thin air only....

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