Day: June 8, 2020

Bitcoin Rebounds Sharply: Here’s Why 100 SMA Could Trigger More Gains

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Bitcoin is surging and it recently tested the $9,400 support area against the US Dollar. BTC price is likely to continue higher towards $10,000 as long as it is above the 100 hourly SMA. Bitcoin is showing positive signs above the $9,650 and $9,700 levels. There was a sharp rebound after the price declined towards the $9,400 support zone There was a break above a key bearish trend line with resistance near $9,670 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to…

3 Reasons Bitcoin Price Could Be on the Verge of a New Uptrend

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The price of Bitcoin (BTC) has risen by 170% in the last three months from $3,600 to $9,700. Despite this immense 3 month recovery, a series of fundamental factors point to the possibility of another uptrend in the near-term. Three reasons Bitcoin is likely to see an upsurge are increasing exchange outflow, miner revenue finding support, and the rising number of so-called “hodlers” or investors that hold BTC for prolonged periods. A confluence of three compelling factors set Bitcoin up for a move up When the outflow of Bitcoin from…

Today's Stock Trades (JNJ, ACB, PMPIX)

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Follow me on Twitter: Here are some helpful cryptocurrency sites: Coinbase: Buy Bitcoin, Ethereum and Litecoin. Cryptocurrency Exchange Links: Coss Exchange: Cryptocurrency Market Capitalizations: Some of these links above are affiliate links: if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend products I personally use and any commissions help to pay for content creation. Hold Fuel Coffee: Ellipal Hardware Wallet: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Open alexa smart contract | crypto currency | Make money online | Crypto trading | Cryptocurrency

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Ethereum Is Poised to Erupt 200% to $750, Crucial Indicator Shows

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Bitcoin may be down 50% from its all-time highs, but Ethereum has registered an even more harrowing performance. Even after rallying approximately 175% from the March lows, the asset remains more than 80% below its all-time high of $1,430. Some have remarked that the asset’s inability to recover is a death knell for Ethereum bulls, but a top analyst suggests that ETH still has the opportunity to see some considerable upside. Ethereum Is Poised to Erupt Higher: Ichimoku Cloud Analysis According to Brave New Coin analyst Josh Olsewicz, Ethereum’s one-week…

Block.One to Launch Social Media Platform Ahead of Schedule

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Voice, the social media platform by EOS creator Block.One, announced that it will launch on July 4. According to a Tweet posted by Voice Chief Executive Officer (CEO) Salah Zalatimo on June 6, the social media platform will be available to readers on U.S. Independence Day, with only registered users able to publish content or engage online.  “We had been building towards a big reveal this fall,” said Zalatimo, “but, we simply can’t wait any longer. We need to take social back from big tech NOW.” The platform had been…

BTC News Today 2020: Will Bitcoin Hit $12,000 In A Couple Of Weeks?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Breaking BTC News, Bitcoin just broke out above the $10,000 price barrier. For months now, BTC has been hitting the $10,000 and then dropping down significantly. In one case, BTC dropped down below $3,700. Is this a permanent rally? Will the price of Bitcoin ever drop into the nine thousand dollar region again, or was the last time that Bitcoin will be priced below 10k? This and more is in the BTC news today. Do not miss a single moment of this…

Bitcoin – Technical Analysis

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency Analysis – From A to Z – – – The Champions Club is a community for traders and investors. For a deeper analysis of the markets, cryptocurrency, stocks, commodities, and forex, consider joining my private group on Discord. To join, contact me on Twitter: Please Like, share, and subscribe to support my work. We are exchanging, my knowledge for your time. I help you, you help me. – Disclaimer – I am not a licensed financial advisor. All videos on this…

The Ongoing Miner “Feeding Frenzy” Is Bullish for Bitcoin in the Long Run

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After fears of “capitulation” passed over the market, Bitcoin miners are back in the game, activating new hardware once again after May’s block reward halving. There’s been such a high amount of activity in the mining space that according to Bitcoin data analyst Digitalik.net, blocks are being mined (on average) at their fastest rate since June 2014. We are currently in the fastest difficulty era since jun 2014. Current block interval 8min 5sec.#bitcoin #btc #halving #stocktoflow — digitalik.net (@digitalikNet) June 7, 2020 The excitement among miners has been echoed by…