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Sally Ho's Technical Analysis 23 January 2020 BTC ETH

Bitcoin (BTC/USD) was little changed early in today’s Asian session as the pair traded around the 8631.77 area after trading as high as the 8791.76 area during yesterday’s European session.  Some bids emerged around the 8565.00 area during yesterday’s North American session but the pair has largely been confined to a sideways trading range.  The pair continues to orbit the 8741.24 area, a level that represents the 50% retracement of the move from 10950.57 to 6531.91.  One of the many important trading ranges that traders continue to monitor is the move from 7671.00 to 9194.99.  During a pullback a couple...

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What Satoshi Nakamoto Was Doing Before He Vanished

Find out what Satoshi was doing before he vanished Nakamoto was hoping Bitcoin would grow naturally With the arrest of Julian Assange in London earlier this year, some of us have been reminded that some crypto investors of an early statement made by Bitcoin creator Satoshi Nakamoto on the bitcointalk forums, where he commented on a PC World article that spoke about Bitcoin as a payments system for WikiLeaks. Back in 2010, Nakamoto said, “It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.”...

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Declining Ethereum (ETH) Dominance Spells Trouble For The Altcoin Market 

Charts don’t lie. This is Ethereum dominance we are looking at on the daily time frame. This is as bearish as it gets and we are most likely on the verge of a major crash from this point forward. The descending broadening wedge on the daily chart for Ethereum dominance (ETH.D) speaks for itself. We can take a guess and see where it could fall next from here in case of a downtrend. This is why I repeatedly say that there is no reason at all to be bullish on the market at this point. It is even riskier to...

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How Europe is Driving Adoption

Is Cryptocurrency in Europe becoming Bullish? Europe thinks Crypto will become mainstream in the next 5 years According to a poll by bitFlyer that sampled the thoughts and feeling of 10,000 participants across ten different countries in Europe has revealed a high percentage of Europeans who claim that cryptocurrencies aren’t just a ‘phase’. Bullish in Europe According to the details of the bitFlyer Google survey, just over 60 percent of Europeans think that cryptocurrencies will still exist by 2029. Ten countries were involved in the poll including, France, the UK, Belgium, Germany, Denmark, Spain, Poland, Holland, Italy and Norway. The...

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Fidelity Ardently Seeking The Right Bitcoin Engineer For Asset Scaling

Fidelity is reportedly looking for a Bitcoin mining engineer whose main responsibility would be to help it boost its operations profile. The person chosen for the role would be expected to help build, design and of course maintain the infrastructure that Fidelity utilizes for Bitcoin mining. Fidelity began mining Bitcoin in 2014 when it was little more than a concept.   Fidelity is an asset management heavyweight who manages client assets that are worth more than $7 trillion. Looking to expand its operations and meet present and future challenges, objectives, and needs, it is currently on the lookout for a...

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