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Bitcoin (BTC) Rate Weekly Projection: Slow And Steady Boost Likely

Bitcoin (BTC) Rate Weekly Projection: Slow And Steady Boost Likely

There was a downside correction from the $10,954 swing high in bitcoin price against the US Dollar. The price is holding the $10,000 support and it could bounce back in the near term. There is a major bullish trend line forming with support near $10,140 on the 4-hours chart of the BTC/USD pair (data feed…
Ethereum Network Need Rises; Will ETH’s Rate Follow?

Ethereum Network Need Rises; Will ETH’s Rate Follow?

Ethereum (ETH) surged today after the aggregated altcoin market responded bullishly to Bitcoin’s period of consolidation in the mid-$10,000 region. This upwards momentum has sent it up towards $185, which has previously been a strong level of support for the cryptocurrency. Now analysts are noting that Ethereum’s network is expressing significant strength, which may be…
Bitcoin Presses Greater as Bulls Target $10,800

Bitcoin Presses Greater as Bulls Target $10,800

After facing a sudden influx of selling pressure yesterday, Bitcoin’s bulls have been able to defend its position within the mid-$10,000 region and are now pushing BTC up towards its next key resistance level around $10,400. Assuming that this level is broken through, it is possible that bull’s next target will be $10,800, which is…
Central Bankers Ready to Increase Bitcoin Cost Sky-High; Here’s Why

Central Bankers Ready to Increase Bitcoin Cost Sky-High; Here’s Why

According to its proponents, the value proposition of Bitcoin (BTC) was dramatically accentuated on Thursday, when central bankers continued their march towards debasement and uncharted monetary territory. Related Reading: Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst Why Crypto: European Central Bank Cuts Rates, Commences QE For those who missed…
Bitcoin Inches Lower, however $10,800 Target Stays

Bitcoin Inches Lower, however $10,800 Target Stays

Bitcoin and the aggregated crypto markets have been facing a period of consolidation after posting a decent sized rally earlier this week. Although this rally has stalled in recent times, it is important to note that BTC’s main level of resistance still exists at $10,800. One analyst, however, believes that an inability to validate a…