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Bitcoin Eyes Close above $14,000, According to Textbook Technical Indicator
Posted on Saturday March 07, 2020
A textbook technical scenario brewing inside the bitcoin market could send its prices above $14,000. Crypto analysts highlighted earlier this week the potential formation of an Inverse Head and Shoulder (IHS) pattern. Investopedia defines...
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Bitcoin Could Retest $8,400, Says Trader Who Called BTC’s 50% Crash and Recovery
Posted on Saturday March 07, 2020
It goes without saying that Bitcoin’s price action over the past few weeks has shaken many digital asset investors in the industry. The crash from $10,000 to $8,400 liquidated dozens of millions worth of leveraged...
The post Bitcoin Could Retest $8,400, Says Trader Who Called BTC’s 50% Crash and Recovery appeared first on 12bitplay - Bitcoin Play.
On-Chain Analytics: This Crypto Up 200% From December’s Bottom Has Room to Rally
Posted on Saturday March 07, 2020
Although the entire crypto market, Bitcoin included, has posted stellar gains since December’s bottom, some digital assets have been performing better than others. One such altcoin is Chainlink (LINK) — a prominent blockchain project...
The post On-Chain Analytics: This Crypto Up 200% From December’s Bottom Has Room to Rally appeared first on 12bitplay - Bitcoin Play.
Coronavirus: Yet Another Bitcoin Event Postponed Due to COVID-19 Fears
Posted on Saturday March 07, 2020
Although those in the Bitcoin community prides themselves on distancing themselves from the institutions of the old world, cryptocurrency and blockchain are inextricably tied to events taking place in the outside world, so to...
The post Coronavirus: Yet Another Bitcoin Event Postponed Due to COVID-19 Fears appeared first on 12bitplay - Bitcoin Play.
Last Time Ethereum Did This, It Rallied Over 1,000% Percent. It’s About to Happen Again
Posted on Saturday March 07, 2020
Despite Bitcoin closing 2019 up 90%, Ethereum didn’t fare all too well. The second-largest cryptocurrency actually registered a negative performance last year, crushed under the pressure of continued ICO selling and at-times questionable fundamentals....
The post Last Time Ethereum Did This, It Rallied Over 1,000% Percent. It’s About to Happen Again appeared first on 12bitplay - Bitcoin Play.
A Bitcoin Breakdown Could Be Devastating for These Two Major Altcoins
Posted on Saturday March 07, 2020
Throughout the course of the crypto market’s firm 2020 uptrend, Bitcoin’s steady climb has allowed most major altcoins to post decent gains, although none have come close to competing with those seen by Chainlink...
The post A Bitcoin Breakdown Could Be Devastating for These Two Major Altcoins appeared first on 12bitplay - Bitcoin Play.
Top Analyst: Bitcoin Prone to Significant Downside if it Fails to Close Above this Level
Posted on Friday March 06, 2020
Bitcoin (BTC) has once again found itself caught within a bout of sideways trading over the past day, which has come close on the heels of the cryptocurrency’s recent breakout rally that propelled it...
The post Top Analyst: Bitcoin Prone to Significant Downside if it Fails to Close Above this Level appeared first on 12bitplay - Bitcoin Play.
Bitcoin: An Option Call Against the ‘Wrecking Ball’ that is the Dollar
Posted on Friday March 06, 2020
The Federal Reserve’s emergency interest rate cut this week highlighted that the central bank is anticipating the troubled times ahead. Raoul Pai, the CEO of Real Vision Group, says Bitcoin, like gold, is emerging...
The post Bitcoin: An Option Call Against the ‘Wrecking Ball’ that is the Dollar appeared first on 12bitplay - Bitcoin Play.
These Simple Factors are Likely to Drag Ethereum to $180 in Sharp Selloff
Posted on Friday March 06, 2020
Ethereum (ETH) has seen some notable gains today that have led the cryptocurrency to climb towards the $240 region, with this latest upsurge coming about as Bitcoin begins finding some stability within the lower-$9,000...
The post These Simple Factors are Likely to Drag Ethereum to $180 in Sharp Selloff appeared first on 12bitplay - Bitcoin Play.
Gold’s a Great Store of Value – If You Never Need to Flee a Country
Posted on Friday March 06, 2020
Historically speaking, gold is the most enduring store of value asset the world has ever known. However, there’s a new kid on the block in the form of Bitcoin. Whilst gold served its purpose...
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