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Data Shows Investors are Flocking to Bitcoin as Traditional Safe Havens Falter
Posted on Friday April 24, 2020

Cryptocurrency investors were quite disturbed to see Bitcoin trade as a firmly risk-on asset when it closely mirrored the weakness seen by the traditional markets as investors began to understand the depth of the...

The post Data Shows Investors are Flocking to Bitcoin as Traditional Safe Havens Falter appeared first on 12bitplay - Bitcoin Play.

Bitcoin Breaking this One Level May Send Crypto Market into Full-Out Rally
Posted on Thursday April 23, 2020

The entire crypto market saw a notable upswing today that was driven by Bitcoin’s sharp movement up to highs of $7,800 earlier this morning. This has led most major altcoins to push higher, with...

The post Bitcoin Breaking this One Level May Send Crypto Market into Full-Out Rally appeared first on 12bitplay - Bitcoin Play.

This Crypto May See Serious Upside as it Reaches Historically Important Level
Posted on Thursday April 23, 2020

The aggregated crypto market saw a notable upswing today that was first sparked when Bitcoin rallied from the lower-$7,000 region to highs of $7,800, leading Tezos and other altcoins to surge higher. This movement...

The post This Crypto May See Serious Upside as it Reaches Historically Important Level appeared first on 12bitplay - Bitcoin Play.

Crypto Analyst: Surge in Volume Off Lows Suggest XRP Will Finally Pump
Posted on Thursday April 23, 2020

XRP continues to disappoint its investors and community, by being unable to sustain anything resembling a rally over the course of the last year. Prior to that, each short-lived rally was sold down by...

The post Crypto Analyst: Surge in Volume Off Lows Suggest XRP Will Finally Pump appeared first on 12bitplay - Bitcoin Play.

Bitcoin Weekly Candle Wicks Are Telling of Explosive Impulse Upward
Posted on Thursday April 23, 2020

Bitcoin price just exploded, setting a new higher high following last month’s plummet to below $4,000. Is this the start of a new bull market as the halving looms closer? Weekly candlesticks suggest that...

The post Bitcoin Weekly Candle Wicks Are Telling of Explosive Impulse Upward appeared first on 12bitplay - Bitcoin Play.

Stellar Rally: Once Stagnant Altcoin Outperforms Bitcoin By 30%
Posted on Thursday April 23, 2020

The altcoin known as Stellar, or XLM, has stood strongly alongside XRP as two of the worst-performing cryptocurrency assets of the last few years. But the asset’s woes could soon be turning around after...

The post Stellar Rally: Once Stagnant Altcoin Outperforms Bitcoin By 30% appeared first on 12bitplay - Bitcoin Play.

Ethereum Prepares to Take $200 as Bulls Send Crypto Flying
Posted on Thursday April 23, 2020

Like the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just...

The post Ethereum Prepares to Take $200 as Bulls Send Crypto Flying appeared first on 12bitplay - Bitcoin Play.

$70 Million in BitMEX Shorts Burned as Bitcoin Erupts 10% to $7,700
Posted on Thursday April 23, 2020

In the past 20 minutes, Bitcoin has rocketed higher. After trading around $7,000 for most of Wednesday, the cryptocurrency started to rally, hitting a local high of $7,770 just minutes ago — 9% higher...

The post $70 Million in BitMEX Shorts Burned as Bitcoin Erupts 10% to $7,700 appeared first on 12bitplay - Bitcoin Play.

Tezos’s XTZ Could Hit Historic High against Bitcoin in 2020
Posted on Thursday April 23, 2020

Tezos’ native token XTZ is steadily trending upwards against Bitcoin since October 2019. A medium-term ascending trendline is offering strong support to the said uptrend. Favorable fundamentals and technicals could lead XTZ to establish an...

The post Tezos’s XTZ Could Hit Historic High against Bitcoin in 2020 appeared first on 12bitplay - Bitcoin Play.

Bitcoin Halving Could Prompt Miners to Force-Sell, Analyst Fears
Posted on Thursday April 23, 2020

The upcoming bitcoin halving event could prompt a new wave of panic-selling by miners, says a pseudonymous analyst. Some traders may manipulate bitcoin to bootstrap a bullish narrative. Popular bullish models are flawed. Bitcoin...

The post Bitcoin Halving Could Prompt Miners to Force-Sell, Analyst Fears appeared first on 12bitplay - Bitcoin Play.


Posted on Thursday January 01, 1970

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