#bitcoin trend

[pavel-nosok]

Bitcoin (BTC) Bounces At $19,000 Support – Still a Long Way From Confirming Bullish Reversal

Bitcoin (BTC) Bounces At $19,000 Support – Still a Long Way From Confirming Bullish Reversal

Bitcoin (BTC) increased significantly on Wednesday and is showing the initial signs of a potential bullish trend reversal. BTC has been falling since reaching a high of $25,211 on Aug 15. On Aug 26, the downward movement caused a breakdown from an ascending parallel channel that had been in place since the June 18 bottom.  After the breakdown, Bitcoin continued to decrease and reached a low of…

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[latheblog]

Bitcoin Black Thursday

Bitcoin Black Thursday

[newtechexpress]

China Takes Another Step Away From USD Hegemony - Bitcoin News

China Takes Another Step Away From USD Hegemony – Bitcoin News

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The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation with USD due to ongoing U.S./China trade…

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[newtechexpress]

If Bitcoin Loses $6,000, Price Could Rapidly Drop 50%: Analyst - Ethereum World News

If Bitcoin Loses $6,000, Price Could Rapidly Drop 50%: Analyst – Ethereum World News

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Bitcoin Bulls Must Hold $6,000

According to Jesse Colombo, an economic analyst and Forbes contributor, Bitcoin is currently in the midst of trading in a massive descending channel formed when the $14,000 peak was put in during June’s blow-off top.

He remarked in a Forbes post that while Bitcoin is trading aimlessly right now due to light holiday trading volumes, a move to decisively…

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[newtechexpress]

Veriblock Captured Close to 60% of BTC's OP Return Transactions in 2019 - Bitcoin News

Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019 – Bitcoin News

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During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called the outputs “abuse” and “spam.”

Also Read: Central Bank Gold Hoarding Hits 50-Year High

Veriblock Captured…

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[newtechexpress]

Etoro CEO Yoni Assia on Reaching 12 Million Users and Why Cryptos Are a Gateway to Stocks  - Bitcoin News

Etoro CEO Yoni Assia on Reaching 12 Million Users and Why Cryptos Are a Gateway to Stocks  – Bitcoin News

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Yoni Assia is the CEO and founder of multi-asset trading platform Etoro. The brokerage firm, which enjoys a high profile within the cryptosphere, enables digital assets such as BTC and BCH to be traded alongside stocks, ETFs, and commodities. Juxtaposed between the traditional and crypto investment realms, Etoro has a unique insight into the health of the industry. In an interview with…

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[newtechexpress]

Ethereum’s Price Action is Similar to Bitcoin’s at $3,000: An Insane Rally is Imminent

Ethereum’s Price Action is Similar to Bitcoin’s at $3,000: An Insane Rally is Imminent

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After reclaiming the $130 level earlier this past week, Ethereum (ETH) is currently struggling to hold above this level as bears attempt to take full control of the aggregated cryptocurrency markets.

It is important to note that ETH’s current bearishness could cut deeper in the near-term, but analysts are noting that the cryptocurrency’s current price action looks strikingly similar to…

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[newtechexpress]

Bitcoin (BTC) Meets New Year with a Slide - Cryptovest

Bitcoin (BTC) Meets New Year with a Slide – Cryptovest

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Third party services may advertise Spread bets and CFDs on Cryptovest, which are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when spread betting or trading CFDs. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money.

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