Tuesday, August 11, 2020
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Bitcoin Indicator That Led Price to $3.8K Turns Bullish; Is $10K Next

Bitcoin could move higher in the medium-term as one of its key technical indicators turns bullish for the first time since February.Dubbed as Golden Cross, the bullish breakout pattern forms when an asset’s short-term moving average closes above its long-term moving average. Bitcoin on Tuesday painted the same pattern on

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Bitcoin Paints V-Shape Recovery after Crashing to $3.8K; More Pain Coming?

Highlights:Bitcoin plunges to $3.8K for the first time since April 2019.The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange.The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets.Bitcoin fell to its 10-month

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