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Bitcoin Price Technical Analysis for 11th April â Can Bulls Keep This Up

April J, 2018

Bitcoin Price Technical Analysis for 11th April – Can Bulls Keep This Up? Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows to consolidate inside a triangle on its 1-hour chart. Price found support at the bottom of its symmetrical triangle once more and looks ready for a test of the top. Technical indicators mostly seem to be hinting at more gains ahead. Bitcoin price bounced off the triangle bottom and could be gearing up for…

Gemini to Roll Out Bitcoin and Ether Block Trading

April J, 2018

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Gemini to Roll Out Bitcoin and Ether Block Trading Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. The feature – which will allow customers to make high-volume trades that won't appear in the exchange's order book until they've been filled – will go live at 9:30 a.m. ET on Thursday, Gemini explained in a blog post. There's a minimum threshold of 10 bitcoin or 100 ether for the…

Bitcoin Price Technical Analysis for 9th April â More Bullish Confirmation!

April J, 2018

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Bitcoin Price Technical Analysis for 9th April – More Bullish Confirmation! Bitcoin Price Key Highlights Bitcoin price is holding its ground as it makes another attempt to test the double bottom neckline. Price has also surged past the descending trend line connecting the latest highs to signal that bulls have the upper hand. Technical indicators, however, still suggest a potential return in bearish pressure. Bitcoin price is showing more factors favoring the bulls, and a test of the reversal pattern’s…

Bitcoin tide favoring bears and the coming April 17 brings really bad news

April J, 2018

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Bitcoin tide favoring bears and the coming April 17 brings really bad news If you noticed lately, Bitcoin (BTC), the leading cryptocurrency, has been stuck below $7000. As of Friday, it was in the $6,600 range, dangerously close to the $6,400 when the market ‘bears’ bet the crypto is on a downward path. What’s worse is that the US tax season is upon us, and every Bitcoin holder living in America is taxed on their capital gains, and they will…

Crypto Week in Review – Bitcoin, Ethereum, Verge, Litecoin, Bitcoin Cash and Ripple Struggle

April J, 2018

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Crypto Week in Review – Bitcoin, Ethereum, Verge, Litecoin, Bitcoin Cash and Ripple Struggle It has certainly been an up-and-down week for cryptocurrencies. Things started out relatively peaceful when allegations arose that the currency had somehow dominated its incoming “death cross,” and that the slump users had been witnessing over the past several days may be coming to end. This seemed to hold true when Bitcoin rose from $6,900 to $7,100 – a $200 jump from where it had long…

Your bank will not allow you to buy bitcoins anymore

April J, 2018

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Your bank will not allow you to buy bitcoins anymore You will not be able to buy cryptocurrency via banks or e-wallets etc. in India anymore as the Reserve Bank of India (RBI) has banned them with immediate effect from "dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies". RBI, while announcing its first bi-monthly monetary policy for the FY 2018-19, has announced that any entity regulated by them such as banks,…

Bitcoin Price Technical Analysis for 5th April 2018 â Next Potential Support Zones

April J, 2018

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Bitcoin Price Technical Analysis for 5th April 2018 – Next Potential Support Zones Bitcoin Price Key Highlights Bitcoin price is trending lower still after recently pulling back to a descending trend line on its 1-hour time frame. Price is eyeing the next downside targets marked by the Fibonacci extension tool. Technical indicators are giving mixed signals, but it looks like bears could still win out. Bitcoin price has resumed its slide after a quick pullback, possibly attempting to make new…

Acid Test – Bitcoin Must Break $7,800 for Bull Reversal

April J, 2018

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Acid Test – Bitcoin Must Break $7,800 for Bull Reversal Bitcoin (BTC) continues to mount a recovery despite the recent bearish "death cross" chart event. As of writing, bitcoin is changing hands at $7,400 on Bitfinex and the average price on leading exchanges, as represented by CoinDesk's Bitcoin Price Index, is seen at $7,380. The cryptocurrency's 15-percent rally from the 54-day low of $6,425 set on April 1 is encouraging and pretty much in line with the historical relative strength…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, April 02

April J, 2018

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, April 02 The Chinese ban on cryptocurrency trading, the possibility of a similar ruling in South Korea and the fear of regulations around the globe were some of the reasons that started the current decline. However, with the election of Yi Gang as the head of People’s Bank of China (PBoC), the country’s central bank, some market experts believe that the Chinese ban on cryptocurrency trading might…

Despite Bitcoin’s ‘Sell-Off’ The Cryptocurrency Space Continues To Attract Investors

April J, 2018

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Despite Bitcoin's 'Sell-Off' The Cryptocurrency Space Continues To Attract Investors Volatility, volatility, volatility. Traders certainly love it. But the volatility witnessed of late among many leading cryptocurrencies – including the ‘Big Daddy’ of them all in the shape of Bitcoin as well as Ethereum – has been a "double-edged sword" according to some pundits. Price swings can occur dramatically and result in big profits, should you catch it right. Equally, significant losses can be sustained should your timing be all…