- by Jefe Caan
- Jun 16, 2019
Bitcoin (BTC): Why This Could Be The Most Important Week Since Dec, 2018
Bitcoin (BTC) is back above $9,000 and could be near $10,000 by the end of the day. This a very interesting development considering CME Bitcoin Futures closed the week at $8,440. If the price does end up rallying past $9,600 before the weekly close, there will be a huge gap to be filled. That makes this week important but there is more to it than that. If we look at the weekly chart for BTC/USD, we can see that Bitcoin (BTC) is now very close to testing the 38.2% fib retracement level from its all-time high. The price flash crashed...
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- by Robert Johnson
- Jun 16, 2019
As BTC Surges so will Volatility
For around a decade now, Bitcoin has been on a ride with a lot of downs and a lot of ups. Parabolic price surges are as common as 90 percent in value for basically every coin or token in the whole crypto arena. The analyst Trend Trader perfectly summarised the world of Bitcoin up while they laid out the $10k BTC price mark theory at the same time. $BTC-Theory to 10000. 1. Market Makers convinces CT to go USDT on atleast 50-70% portfolio. CT says ✅, as a result BTC dips below 8000.2. More FUD, more selling & MM keeps...
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- by Adrian Barkley
- Jun 16, 2019
Why NEO has been the best performing coin of 2019
NEO - the ‘Chinese Ethereum’ - is a cryptocurrency which supports the development of smart contracts and digital assets. It seems like an aspirational coin, with it having many projects lined up for the near future. GAS, the underlying crypto coin which facilitates NEO transactions, is NEO’s native token and it has created the foundations for NEO to become one of the best performing digital currencies of 2019. Since the start of the year, NEO has risen from around $7.50 and a market cap of around $490 Million, to now trading at approximately the $13 mark and an $940 Million...
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- by Robert Johnson
- Jun 16, 2019
Cardano Gains New PR Director - Is Global Reach on the Table?
Reports surfaced this week that the Cardano Foundation has appointed Bakyt Azimkanov as the director of international PR, communications and marketing. This appointment came during a time when the blockchain firm looks to stretch its reach on a more global scale. In his new rule, Azimkanov will take control of looking over the organisation's communication and marketing strategy. Azimkanov will also be working with the two strategic partners for the Cardano Foundation, IOHK and EMURGO. This will be to advise the Foundation Council on integrated communication initiatives to improve awareness of the brand. “First and foremost, the global communications expansion...
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- by Sally Ho
- Jun 16, 2019
Sally Ho's Technical Analysis 16 June 2019
Bitcoin Bitcoin (BTC/USD) gave back a small amount of hard-fought gains early in today’s Asian session after the pair rocketed to its highest level since 30 May at 8916.63 during yesterday’s North American session. Stops were elected above the 8707.00 figure during recent trading sessions, representing the 23.6% retracement of the move from 7467.10 to 9090.00. Some very important technical clues emerged during yesterday’s European and early North American sessions when Bids repeatedly emerged around the 8635 – 8640 areas, now equal to the 23.6% retracement of the 7702.83 – 8916.63 range. BTC/USD’s upward moves again shifts the focus to...
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