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Novogratz on bitcoin: if it was easier to buy, would it have a higher price?

Michael Novogratz is a well-known bitcoin bull. He is well known for his predictions on the flagship crypto and just recently, he believes that the asset could be much higher if it was only easier to get on. The CEO of Galaxy Digital, Michael Novogratz is a well-known bitcoin bull. He is highly anticipated that the bitcoin price will spike at some time or another. He is well known for his wacky predictions on the flagship cryptocurrency and just recently, he believes that the price of the asset could be much higher if it was only easier to get your...

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Goldman Sachs claim bitcoin isn’t even an asset class, the community strongly disagrees

After a statement was made by Goldman Sachs, a significant chunk of the community expressed disagreement.  Solomon highlighted that the company is planning to launch its new cash management operation in the United Kingdom by September this year. After a statement was made by the international investment bank in the financial services company, Goldman Sachs Group, a significant chunk of the crypto community expressed disagreement on the statement made by the chief of the company, David Solomon in an interview with Bloomberg. Solomon highlighted that the company is planning to launch its new cash management operation in the United Kingdom...

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BTC/USD Escalates Then Paused by 60-minute SMA: Sally Ho's Technical Analysis 28 May 2020 BTC

Bitcoin (BTC/USD) gained some additional ground early in today’s Asian session as the pair resumed its climb above the psychologically-important 9000 figure, having traded as high as the 9191.70 area during yesterday’s North American session.  Stops were reached above the 8890.13, 8969.58, 9049.03, and 9147.33 areas during the ascent, representing the 38.2%, 50%, 61.8%, and 76.4% retracements of the recent depreciation from 9306.23 to 8632.93.  Traders recently stopped short of testing the 9318.50 level, right around the 50% retracement of the recent depreciation from 9836.99 to 8800.00.  Additional upside price retracement levels that traders are monitoring include the 9440.86 and...

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Bitcoin Presents Good Opportunities To Short

There are some good opportunities to short for Bitcoin bears that have been waiting patiently. Those that followed the herd and got too excited around $8.6k expecting a crash towards $7.6k would be panicking now though because this has been a very aggressive short squeeze. Most retail traders whether it be bulls or bears continue to make the same mistakes over and over again but for those that are reasonable, there will be some good entries to be short on the market in the near future. The reason this is a better time to look for short entries is because...

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The unpredictable nature of BTC following its halving. Could it hit $1m in the next 10 years?

At this point, it isn’t unusual for people in the crypto industry to make wild predictions on the leading cryptocurrency.  Whereas some people predict bitcoin to crash, others believe that it will fly high to a height of even $1 million. At this point, it isn’t unusual for people in the crypto industry to make wild predictions on the leading cryptocurrency. Whereas some people predict bitcoin to crash, others believe that it will fly high to a height of even $1 million. Some people believe that it will happen within the next 10 years and even though the prediction is...

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