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Bitcoin Price Rallies to Set a 2020 High Near $9.5K – Is $10K Next? #Bitcoin (BTC) price has rallied to $9,439 and bulls have again shown that they have no intention of letting the crypto market’s most valuable asset stay below the $9K mark. Earlier in the day Bitcoin’s price dropped below $9,000 to a daily low at $8,879, which led some analysts to issue dismayed calls for a revisit and consolidation around the $8,300 to $8,500 range. While the thought of a pullback was the least desired scenario amongst traders, it seems perfectly reasonable given Bitcoin’s robust rally from $8,200 at the start of this week. Previously contributor Michaël van de Poppe explained that after key overhead resistance levels are broken, assets often need to retrace to the support before resuming an uptrend. Thus, as shown by the #Crypto Fear and Greed Index, today’s move below $9,000 had not weighed too heavily on trading sentiment. The hourly chart shows that the most recent surge to $9,439 was propelled by a high volume spike and the following sell volume candle shows that the 3.4% move triggered a block of sell orders from traders anticipating that $9,500 would present staunch resistance. Since working its way up from $6,400 on Dec. 18, 2019, Bitcoin has done a good job of flipping strong resistance to new levels of support. Most recently $8,600 was flipped to support, and today’s move may have turned $9,200 to a new level of support. Now that a 2020 higher-high has been set, traders will be watching to see if bulls push higher to flip $9,400 to support which would set a good foundation for Bitcoin to make a fresh attempt at $9,600 and $9,948. At the time of writing both the 4 and 6-hour timeframe are showing a tweezer top candlestick pattern which typically hints at a price reversal. The relative strength index (RSI) has also reversed course dropping lower in the overbought region. In the event that traders book profit and Bitocin price experiences a mild correction, we will watch to see if the underlying supports at $9,100, $8,900, $8,650 hold up. Currently, Bitcoin price has popped above the upper Bollinger Band arm right near the tweezer top.


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On January 26, 2020, Kobie Bean Bryant, an American professional basketball player who played at the National Basketball Association for twenty seasons on the same team, the Los Angeles Lakers, passed away. According to @tronfoundation on Twitter: “Kobe is a member of the #TRON Family. As such, we will be dedicating #niTROnSummit's festivities to his legendary life & legacy”. Remember your legacy! A bright memory to everyone who has left our world. Video was taken from ➡️ @kcn_media #bitcoin #bitcoins #bitcoinnews #bitcoinmining #BitcoinBillionaire #bitcoinprice #bitcointechnology #tothemoon #bitcoininfo #bitcoinexchange #BitcoinMillionaires #bitcoincharts #freebitcoin #bitcoiner #crypto #bitcoinEngland #kcnmedia #btc


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"Success is going from failure to failure without losing enthusiasm." "The will to win, the desire to succeed, the urge to reach your full potential...these are the keys that will unlock the door to personal excellence." #bitcoins #bitcoinnews #bitcoincash #bitcoinminer #bitcointrading #bitcoinguru #bitcoincanada #bitcoiner #bitcoincharts #bitcoinbrasil #bitcointrade #bitcoinmining #bitcoinmillionaires #bitcointechnology #bitcoingold #bitcointrader #bitcoinexchange #bitcoininvestment #bitcoinmemes #bitcoinprice #bitcoinwallet #bitcoininfo #bitcoinvalue #bitcoinmillionaire #bitcoinbillionaire #bitcoinusa #bitcoinasia


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Learn how to earn extra income from your small investment 💷💷💷 DM me to join my trading team thereby earning from your little investment. I'm gonna be fully active tonight, get on board and let's get started. DM me for updates on how to trade wisely, am a binary trade expert and I help individual trade for a fixed%. Trade today and make huge profits after trading. #blockchain #bitcoin#bitcoins #bitcoinnews #bitcoinmining #hold #hold#ethereum #girls #bitcoingold #bitcoinexchange#bitcoincharts #bth #ethereum #bitcoininfo #china#southkorea #bitcoinguru #ethereum #litecoin#coin #spanchbob #miners #freebitcoins #crypto#ethereum #bitcoininfo #bitcoinasia #mining#altcoin#Europe


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DM me to join my trading team thereby earning from your little investment. I'm gonna be fully active tonight, get on board and let's get started. DM me for updates on how to trade wisely, am a binary trade expert and I help individual trade for a fixed%. Trade today and make huge profits after trading. #blockchain #bitcoin#bitcoins #bitcoinnews #bitcoinmining #hold #hold#ethereum #girls #bitcoingold #bitcoinexchange#bitcoincharts #bth #ethereum #bitcoininfo #china#southkorea #bitcoinguru #ethereum #litecoin#coin #spanchbob #miners #freebitcoins #crypto#ethereum #bitcoininfo #bitcoinasia #mining#altcoin#Europe


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DM me to join my trading team thereby earning from your little investment. I'm gonna be fully active tonight, get on board and let's get started. DM me for updates on how to trade wisely, am a binary trade expert and I help individual trade for a fixed%. Trade today and make huge profits after trading. #blockchain #bitcoin#bitcoins #bitcoinnews #bitcoinmining #hold #hold#ethereum #girls #bitcoingold #bitcoinexchange#bitcoincharts #bth #ethereum #bitcoininfo #china#southkorea #bitcoinguru #ethereum #litecoin#coin #spanchbob #miners #freebitcoins #crypto#ethereum #bitcoininfo #bitcoinasia #mining#altcoin#Europe


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Buy the Pump, Sell the Dump — Does Momentum Investing Work in Bitcoin? Since the start of the year, #Bitcoin (BTC) price has been as high as $9,200 — a 2-month high — while going as low as $6,900 on Jan. 3. Bitcoin’s volatility is one of the most frequently discussed issues that arise when investors evaluate Bitcoin as an asset class. However, its volatile behavior is what provides an opportunity for investors to take advantage of the price movements and make a profit. Following predictions as optimistic as the $100,000 forecast based on the stock-to-flow model, investors may foresee another period of high price speculation, opening the door for a wider set of investment strategies. On the other side, if investors end up experiencing a bearish scenario like the majority of 2018 and a portion of 2019, bolder strategies based on wide price movements may serve as a good alternative for market makers. Strategies based on large price movements have been exploited for decades in traditional markets, especially in stocks. One of those strategies is momentum investing. An investor evaluates the daily returns for a sample of stocks and identifies which one was the biggest loser and winner in the price for that day. In traditional markets, it was found to be lucrative to buy the winner stock that day and hold it for a certain period (up to investor discretion) and sell (short) the loser stock. Usually, investors develop this strategy based on portfolios of best and worst-performing stocks instead of only choosing the best and worst performer from the chosen sample. However, it’s not uncommon for the individual momentum strategy to also be applied among investors despite raising questions about investment diversification. Nevertheless, if diversification is found to be ineffective in the crypto space, as reported by Cointelegraph, an investor might expect better results from an individual momentum strategy instead of focusing on portfolios. How does Momentum investing work in the crypto environment? Firstly, we identify the top-20 cryptocurrencies in the market today and get the daily returns for each currency during 2019.


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DM me to join my trading team thereby earning from your little investment. I'm gonna be fully active tonight, get on board and let's get started. DM me for updates on how to trade wisely, am a binary trade expert and I help individual trade for a fixed%. Trade today and make huge profits after trading. #blockchain #bitcoin#bitcoins #bitcoinnews #bitcoinmining #hold #hold#ethereum #girls #bitcoingold #bitcoinexchange#bitcoincharts #bth #ethereum #bitcoininfo #china#southkorea #bitcoinguru #ethereum #litecoin#coin #spanchbob #miners #freebitcoins #crypto#ethereum #bitcoininfo #bitcoinasia #mining#altcoin#Europe


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DM me to join my trading team thereby earning from your little investment. I'm gonna be fully active tonight, get on board and let's get started. DM me for updates on how to trade wisely, am a binary trade expert and I help individual trade for a fixed%. Trade today and make huge profits after trading. #blockchain #bitcoin#bitcoins #bitcoinnews #bitcoinmining #hold #hold#ethereum #girls #bitcoingold #bitcoinexchange#bitcoincharts #bth #ethereum #bitcoininfo #china#southkorea #bitcoinguru #ethereum #litecoin#coin #spanchbob #miners #freebitcoins #crypto#ethereum #bitcoininfo #bitcoinasia #mining#altcoin#Europe


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Success isn’t easy, and that’s a good thing - at least in business. If it was easy, everybody would be doing it and your competition would be outrageous! Words can inspire, thoughts can provoke but only action truly brings you closer to your dreams. #bitcoinbillionaire#forextraining#binaryoptionsbrokers#forexprofits#bitcoininfo#forextradingtips#binaryoptionsignals


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This post is thanks to @bitcoin.info Price Analysis 24/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, TRX BTC/USD #Bitcoin (BTC) has dipped back to the critical support zone of $9,727.55 to $9,080. This is a make or break level for traders. If this zone breaks down, the uptrend will be over and the price can tumble to the next support zone of $6,933.90–$7,451.63. BTC/USD The moving averages are on the verge of a bearish crossover, which suggests that bears are back in the game. A bearish descending triangle pattern is developing that will complete on a close below $9,727.55. Considering these negative developments on the chart, we are not recommending a trade at the current levels. If the #BTC/USD pair bounces off the immediate support and breaks out of $11,100, it will indicate strength. The next level to watch will be the downtrend line of the descending triangle, above which a retest of $13,973.50 is likely. ETH/USD The bulls are attempting to defend the uptrend line. If #Ether (ETH) rebounds off it and rises above the 20-day EMA, it will indicate strength. We will wait for the price to sustain above the 20-day EMA before recommending a position in it. The profit objective will be a rally to $320.840 and the stop loss will be below the recent low of $192.945. ETH/USD If the bulls fail to defend the uptrend line and the #ETH/USD pair plunges below it, the uptrend will end and the pair can drop to $150. Both moving averages are sloping down and the RSI is in the negative territory, which suggests that bears have the upper hand. XRP/USD Buying an underperformer in the hope of seeing it play catch up rarely materializes. Money is made in cryptocurrencies that are in a strong trend. #XRP has been stuck inside a large range of $0.27795 to $0.45 for over seven months. This shows a lack of interest among traders to own it. XRP/USD Buyers emerge when the price dips to $0.27795 and sellers come to the fore just above $0.45. Within this range, the price action can sometimes be lackluster as between end-January and mid-May or become volatile as between mid-May to mid-July. #bitcoinnews #bitcoininfo @bitcoin.info #Bitcoin #BTC/USD #Ether #ETH/USD #XRP #


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Price Analysis 28/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSv. ETH/USD #Ether (ETH) is trying to hold above the uptrend line. The bulls will now attempt to break out of 20-day EMA and the overhead resistance of $235.70. If successful, a rally to 50-day SMA, followed by a retest of $320.840 is probable. Therefore, traders can buy on a close (UTC time frame) above $235.70 and keep a stop loss of $192. ETH/USD However, if the #ETH/USD pair breaks below the uptrend line and the immediate support of $192.945, it will break the medium-term uptrend and can plummet to $150. Hence, we have suggested buying only after a trend change is visible. XRP/USD After the sharp reversal on July 27, XRP is #trading inside a small range. Its immediate support is at $0.30258 below which the drop can extend to $0.27795. This is a make or break level for bulls because this has acted as a strong support since mid-December last year. XRP/USD If the #XRP/USD pair plunges below $0.27795, it can decline to $0.19. Though there is support at the yearly low of $0.24508, we don't expect it to hold. On the other hand, if bulls defend the support at $0.27795 once again, the pair can bounce above 20-day EMA and reach $0.37835. This level might offer some resistance, above which a move to $0.45 is possible. As the price can go either way, traders should wait for the rebound to sustain before entering any fresh positions.. #bitcoinnews #bitcoininfo


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Looking for how to start? Binary options is always open for those willing to become there self. Clear your doubt today and invest in yourself and be safe reliant. Invest in binary trade using bitcoin and become boss of yourself. . DM me for updates on how to trade wisely,am a binary trade expert and I help individual trade for a fixed amount. Trade with me and make huge profits after trading. @bitcoin.info 🔥 #blockchain #bitcoin #bitcoins #bitcoinnews#bitcoinmining #hold #hold #ethereum #girls#bitcoingold #bitcoinexchange #bitcoincharts #bth#ethereum #bitcoininfo #china #southkorea#bitcoinguru #ethereum #surbitcoin #coin #girl#miners #freebitcoins #crypto #ethereum#bitcoininfo #bitcoinasia #mining #altcoin


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Let's make this money tonight. Get on board and start earning with your little investment amount and make huge profits after trading. DM me for updates on how to trade wisely,am a binary trade expert and I help individual trade for a fixed amount. Trade with me and make huge profits after trading. #blockchain #bitcoin #bitcoins #bitcoinnews#bitcoinmining #hold #hold #ethereum #girls#bitcoingold #bitcoinexchange #bitcoincharts #bth#ethereum #bitcoininfo #china #southkorea#bitcoinguru #ethereum #surbitcoin #coin #girl#miners #freebitcoins #crypto #ethereum#bitcoininfo #bitcoinasia #mining #altcoin


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