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US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin?

For the first time in history, US household wealth has surged above the $100 trillion mark, fueled by the rise in the value of stocks and properties. However, analysts say the unsustainable growth in household wealth could cause a crash, which…
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Bitcoin Price Intraday Analysis: BTC/USD Wedge Support Broken

Bitcoin price on Monday depreciated against the US Dollar after consolidating sideways for the whole Asian and European sessions. The BTC/USD at the beginning of the US trading hours formed lower lows towards 6239-fiat. Before that, the pair…
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This Dormant $720 Million Bitcoin Wallet Has Woken Up

Once again in the world of cryptocurrency, we have a mystery on our hands. A $720 million sleeping giant has woken up after four years, with $100 million moved to Bitfinex and Binance over the course of ten days at the end of August. The…
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BTC/USD in Near-term Rising Wedge

Bitcoin on Friday broke above its psychological resistance level near $6,500 and formed higher highs towards $6,600. The BTC/USD kickstarted the Asian trading session with an impressive rally from 6462-fiat to 6595-fiat. However, the pair failed…
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Bitcoin Price Intraday Analysis: BTCUSD Rebounding Weakly

The bitcoin price on Monday appreciated versus the US Dollar, boosted by passable buying sentiment near $6,121, July 13 low. The BTC/USD today rose as much as 3.67 percent since establishing its intraday low at 6149-fiat. The pair started the…
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Bitcoin Fell Due to Regulatory & Sell Pressure, Will Recover Soon

According to Jonathan Cheesman, a partner at investment firm Distributed Global, Bitcoin has fallen due to five major reasons: macro trend, speculative dominance, regulatory uncertainty, short selling, and scams. But, as the market and cryptocurrencies…
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Bitcoin Price Stabilizes at $6,400 While Analyst Sticks to Crypto Downtrend

Since falling from $7,400 to $6,300 on September 6, Bitcoin has stabilized in the $6,400 region, providing the crypto market with a small breathing room. Bitcoin has been fairly stable at $6,450 throughout the past 48 hours, recording a movement…
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Bitcoin Price Watch: BTC/USD Buyers Could Struggle Near $6,620

Key Points Bitcoin price slowly recovered after trading as low as $6,249 against the US Dollar. There is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely…
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Bitcoin ETF Will Likely Be Approved Next Year: Asset Manager

The focus on a Bitcoin ETF has shifted from its possibility thereof to the timing of an imminent approval. With several predictions from different quarters already, recent statements are suggesting 2019 to be a more realistic date of approval. One…
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Bitcoin Price Weekly Analysis: BTC/USD Targets $7,300-7,400

Key Points Bitcoin price is moving higher nicely and it could soon test the $7.300 level against the US Dollar. There is a major bullish trend line formed with support at $7,050 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The…