Bitcoin Price Breaks $29K, Why BTC Is Likely To Hit $30K

Bitcoin price extended its upward move and traded to a new all-time high near $29,250 against the US Dollar. BTC is likely to continue higher towards the $30,000 level. Bitcoin is gaining bullish momentum above $28,400 and it broke the $29,000 level. The price traded as high as $29,274 and settled well above the 100 hourly simple moving average. There is a major breakout pattern forming with support near $28,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to continue higher above…

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Live Trading & Chart Analysis – Stock Market, Gold & Silver, Bitcoin – November 18, 2020

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Learn how to trade the markets for profit. Spending one session will set you on the path toward constantly profitable. We focus on the easiest & best market which is Forex currency pairs on the 8 hour time frame. Bitcoin, gold & silver, S&P 500 & Nasdaq. We look at the markets live together everyday. You can join the telegram channel below and be notified when we go live daily at 9am EST Monday-Friday. New to CTM? Welcome. Start here: ► My…

XRP the ‘third largest collapse of all time’ says The TIE’s Josh Frank

The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions. According to Josh Frank of crypto-focused research company The TIE, the project is experiencing a collapse similar to some of the biggest corporate scandals and catastrophes in recent history. XRP’s market cap has fallen by 93% from $137B to under $10B. That makes the value of the XRP collapse bigger than Enron and Worldcom. While not a bankruptcy, XRP is effectively…

4 reasons why Ethereum options traders expect ETH price to reach $880

Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth of the total value locked (TVL) in Decentralized Finance protocols also played a major part. Total Value Locked, USD. Source: DeFi Pulse As the above data indicates, investors are even more confident that Eth2 has been a success, despite the real potential of delays and implementation hurdles. Another possible bullish factor…

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