Opinion

Bitcoin Has Crashed But It Is Not Over Yet – Pullback to 200 MA on Weekly

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BTCUSD 200MA weekly

We all know about the meteoric rise of Bitcoin price in October 2017 and even though many of us hoped it was the beginning of a new and fairer world, the markets have proven once more that what goes up must eventually come down. Unfortunately, many good people have lost a lot of money. Some … Read more

Bitcoin Price Range Reflects The Trumps and The Mays Of The World Desire To Shut It Down

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BTCUSD channel narrowing

Bitcoin is now trading within the tight range (for Bitcoin) between $10,000 and $13,000, but the broader range extends towards $14,000. This can be seen by drawing trend lines on the Daily BTCUSD price chart. Overall the underlying long trendline still shows Bitcoin to be trending up, which is a very positive sign, given the … Read more

Bitcoin Overpriced? So What Its True Value?

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So what is bitcoins true value

There is a growing concern that Bitcoin is currently heavily overpriced. (even with the recent drop to $11,200) The price of Bitcoin shot up this year like a rocket and there seems to be a growing number of retail investors chasing Bitcoin’s historical gains. In response to this influx of public interest,  all types of … Read more