Day: May 26, 2019

Bitcoin (BTC) At $10,000 Still In Play, One Analyst Postulates

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$10,000 On The Table For Bitcoin According to a number of analysts, Bitcoin (BTC) is still poised to reach $10,000 in the near-term, despite the recent stagnation. In a recent tweet, Moon Overlord, a popular trader and analyst, noted that Bitcoin’s chart is still exhibiting clear bullish tendencies. Overlord points out that BTC is still bullish, as it trades above key resistance levels at $7,000, $7,300, and $7,400; and continues to trade in two clear parabola patterns, which have both yet to go entirely vertical (signals the end of the…

Max Keiser Says ‘Stack Satoshis,’ Bitcoin to Beat All Asset Classes

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By CCN: Broadcaster Max Keiser is a noted bitcoin bull. The host of the Keiser Report on media channel RT is well-known for his $100,000 bitcoin price forecast, telling the world time and again to keep accumulating the digital currency because it is on its way to hitting six figures. Keiser doubled down on his $100,000 bitcoin price target earlier this month. Now he’s reiterating his ambitious outlook, suggesting in an interview with CNBC Crypto Trader that it’s only a matter of time for the bitcoin price to reach his…

Novogratz: Facebook Integral To Crypto, Bitcoin Won’t Get Hurt By “Globalcoin”

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At long last, some of the world’s largest companies are delving into on crypto and related technologies. The past weeks have seen news arise that some of the world’s largest institutions in TD Ameritrade and Fidelity continue to scale into Bitcoin. What’s also important is that giants of the technology world also continue to foray into the cryptocurrency space. While Microsoft, IBM, Samsung, and Google have made good progress with their blockchain-related products, Facebook may make the biggest splash yet with its own digital asset. Related Reading: Ethereum Co-Founder Vitalik:…

Novogratz: Facebook Integral To Crypto, Bitcoin Won’t Get Hurt By “Globalcoin”

boss

At long last, some of the world’s largest companies are delving into on crypto and related technologies. The past weeks have seen news arise that some of the world’s largest institutions in TD Ameritrade and Fidelity continue to scale into Bitcoin. What’s also important is that giants of the technology world also continue to foray into the cryptocurrency space. While Microsoft, IBM, Samsung, and Google have made good progress with their blockchain-related products, Facebook may make the biggest splash yet with its own digital asset. Related Reading: Ethereum Co-Founder Vitalik:…

Bitcoin (BTC) Short-Term Bullish, But Long-Term Chart Suggests Pullback

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Bitcoin Could Soon Falter Somehow, someway, Bitcoin (BTC) has managed to keep up the bullish momentum for upwards of three months now. The short-term would suggest that this may continue. As analyst Dave The Wave recently pointed out, the daily chart for the leading cryptocurrency currently has a “stunning technical set up.” What Dave seems to be referring to is the fact that BTC is currently trading in a triangle pattern that exhibits a clear uptrend. What’s more, a medium-term parabola has continued to hold, and suggests that BTC could…