Thursday, February 20, 2020
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Despite Bitcoin’s Key Technical Correction, The 100 SMA Can Trigger A Fresh Rally

Bitcoin started a downside correction from the $10,500 area against the US Dollar. BTC declined below $10,200, but it is still holding the key 100 hourly SMA.Bitcoin price failed to climb above $10,500 and corrected lower against the US Dollar.There was a sharp dip below the $10,200 level before the

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Bitcoin’s Intense Rally to Continue Once it Breaks This Key Level

Last updated:February 19, 2020Bitcoin’s 2020 uptrend has been unwavering, with the crypto posting steady gains without ever incurring any notable pullback throughout the course of this rally. Overnight, however, the crypto experienced some intense volatility that appeared to be bear’s attempt at invalidating Bitcoin’s bullish market structure by pushing the cryptocurrency

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Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic

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