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Bitcoin (BTC) Is About To Make Its Next Big Move, Which Way Will It Swing?

Bitcoin (BTC) is about to make its next big move as the volume has been on a steady decline for the past few weeks. In the next few days we are going to see a big breakout but what traders want to know is whether this breakout will be to the upside or the downside. For a while now we have been discussing how BTC/USD is heavily overbought on major time frames and it is long overdue for a pullback. That being said, we have never discounted the possibility of a move to the upside before it eventually comes down....

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PewDiePie Boosts User Percentage on Blockchain Streaming Platform

It’s been a strange few years for PewDiePie, or Felix Kjellberg. He’s been constantly under fire by a lot of news outlets over claims that he is racist as well as during the ‘Subscribe to PewDiePie’ movement being related to the Christchurch shootings in New Zealand earlier this year. But don’t worry, we’ve actually got some good news from everyone’s favourite YouTuber. The blockchain-based live streaming service DLive has experienced a 67 percent growth in its user base since Pewds joined the platform in April. There are now more than five million monthly users and over 70,000 streamers on the...

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Rules for fresh traders: Choose the best exchange! Consider BTCNEXT by Platinum Q DAO Engineering

Cryptocurrency exchanges lost more than $356 million during the first quarter of 2019 due to hackers' attacks, the report of CipherTrace, a company that develops anti-money laundering solutions, states. These statistics prove that some trading platforms are vulnerable to hacking and cannot protect clients’ funds and personal data. Moreover, exchanging services are often blamed for bad customer service and providing fake trading volume values.The point is how to choose the exchange to sleep calmly and be sure that your digital assets are safe? Here are some tips.How to choose the best exchangeWhen choosing the exchanging platform, beginners should take into...

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Sally Ho's Technical Analysis 26 May 2019

Bitcoin Bitcoin (BTC/USD) managed to remain above an important technical level through the middle of today’s Asian session as Bids continued to support the 7966.03 area, representing the 76.4% retracement of the 8388.00 – 6600.00 range. The pair has traded in a relatively narrow range since early yesterday, with technical Resistance preventing the pair from running too far above the 8114.90 area, representing the 76.4% retracement of the move from 8315.00 to 7467.10. Traders continue to deliberate whether the pair will develop an upward bias or a downward bias. Notably, the 50-bar MA (4-hourly) is creeping up to market activity...

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Is The Current BTC Price In The Early Stage Of The Coming Bull Market?

In the past 2 months, the price of bitcoin has continued to surge, hitting a year-to-date record high of $8,300. Remarkably, despite a recent large-scale security breach that occurs on Binance ( resulting in a loss of around 7,000 BTC), traders’ confidence is still returning to the market, and the BTC price has kept climbing up with formidable upward momentum by more than 67.5%. Michael Novogratz, a former hedge fund manager and current CEO of Galaxy Digital, has predicted that the bitcoin price will triple within the next 18 months. Many analysts also believe that we’re now in the early stage...

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