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These Three Factors Show Why Bitcoin is Poised to Plummet Towards $8,000

June 6th, 2020|

Bitcoin extended its overnight bout of consolidation, struggling to gain momentum in either direction despite posting a rejection at $9,800 yesterday The benchmark cryptocurrency now appears to be well-positioned to see further weakness as it

Armoney Recommends Only the Following Cryptocurrencies in India

June 6th, 2020|

So, what is cryptocurrency? It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank and has control over his own money. Post-COVID will be the

Here’s the Single Factor that Could Trigger a Bitcoin Selloff to $7,600

June 5th, 2020|

Bitcoin has entered a firm consolidation phase as it struggles to garner any notable upwards momentum It does appear that the resistance existing within the upper-$9,000 region is insurmountable, with another rejection here potentially proving

Waning Demand for Bitcoin Spells Trouble for Where it Goes Next

June 5th, 2020|

Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as

A $20,000 Bitcoin is Possible According to This Bullish Fractal

June 5th, 2020|

An accurate bitcoin fractal from 2019 shows its price at or above $20,000 by the end of 2020. The cryptocurrency is forming ascending price channels after each successive upside move, signaling continuation to the upside.