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Trump Trashes Bitcoin, Praises the US Dollar

Trump Trashes Bitcoin, Praises the US Dollar

  The list of Bitcoin critics added a new important name of Thursday, following the latest series of tweets of the US President Donald Trump. Warren Buffett, Jamie Dimon, and other notorious figures had several times expressed their negative views on Bitcoin, and despite that the price did not seem

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Bitcoin Trades Sideways as Buyers Look Exhausted

Bitcoin Trades Sideways as Buyers Look Exhausted

  So far 2019 proved to be a much better-than-anticipated year for Bitcoin, as its price almost reached the $14,000 area on the Coinbase exchange. Optimism pushed Bitcoin past the $11,000 zone, but the last week and a half saw weakness unfolding in a pronounced fashion, and that’s not a

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Bitcoin Marches Through $11,000 on Optimism

Bitcoin Marches Through $11,000 on Optimism

  The Bitcoin strength continues to be elevated as the price action managed to break above the key $10,000 resistance area and currently sits around $11,300 on the Coinbase exchange. As we’ve highlighted in our weekly crypto analysis, $10,000 was a key area to watch and since the buyers pierced

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Bitcoin Gets Back to the $8,000 Area

Bitcoin Gets Back to the $8,000 Area

  Despite the overbought conditions, Bitcoin managed to hold its ground around the $8,000, as the buyers managed so far to cap the selling around the 4h chart 200 moving average. The support area we’ve mentioned in our last weekly crypto analysis held so far successfully, but will this be

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Bitcoin Drops 16% As Weakness Shows Up

Bitcoin Drops 16% As Weakness Shows Up

  The month of June does not seem to start on the same upbeat tone as in May when the Bitcoin price surged impulsively right from the first day of the month. Following the best monthly performance since the end of 2017, Bitcoin weakness begins to show up, as it

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Bitcoin Reaches $8,900 Area and Then Corrects Lower

Bitcoin Reaches $8,900 Area and Then Corrects Lower

  The bullish move in Bitcoin continued at the beginning of this week, as the price managed to reach the $8,900 area for the first time since 11th of May 2018. It’s been more than a year since the Bitcoin price did not touch that area, which communicates the bullish

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New Bitcoin Investment Vehicles Expected in 2019

With an impressive performance that drove the price upward by more than 100%, Bitcoin continues to dominate the cryptocurrency industry as the near term prospects are encouraging. The oldest and the most popular cryptocurrency still enjoy the most trust among investors, which is this year we could witness new derivatives

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CME Bitcoin Futures Reach Record Levels

CME Bitcoin Futures Reach Record Levels

  Bitcoin’s bulls run continues to edge higher, above anyone’s expectations and with the price, we are witnessing some fresh new records that show the momentum continues to be fueled by strong buyers. Since the beginning of May, Bitcoin had broken above the $6,000 psychological level and managed to reach

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Bitcoin Trades Above $6,000 as Rally Continues

Bitcoin Trades Above $6,000 as Rally Continues

  The Bitcoin trading activity continues to defy analysts’ claims that the rally is close to ending and today, May 9th, the price of Bitcoin surpasses the $6,000 milestone on the Coinbase exchange, a level not reached since November 14th, 2018. Problems persist despite good price performance After reaching the

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Bitcoin’s Bull Move Reached the $5,800 Area

Bitcoin’s Bull Move Reached the $5,800 Area

  Despite various claims that the Bitcoin bullish move is overextended, the market seems to defy the public opinion and the most popular cryptocurrency continues to edge higher at the beginning of May. Although a BOE official recently stated that Bitcoin is not a currency, the demand continued to push

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