Wednesday, January 16, 2019
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Bitcoin (BTC) Boom Was An “Anomaly,” Yet Crypto Indicators Are Still Bullish

Bloomberg Journalist Bashes Bitcoin For Being Correlated Yesterday, Sonny Singh, the chief commercial officer of fintech startup Bitpay, sat down with Bloomberg Opinion’s Stephen Gandel and host Emily Chang to talk about the Bitcoin price. In a debate-esque style, Gandel and Singh bounced ideas off each other, with both ballyhooing their

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Various Technical Indicators are Showing Bitcoin is Severely Oversold

Williams %R, a technical analysis oscillator that demonstrates oversold or overbought conditions of an asset, is demonstrating highly oversold conditions for Bitcoin. As Olga Kharif at Bloomberg reported, the Williams Percent Range (WPR) of Bitcoin is hovering at around -83 percent. In WPR, -80 to -100 percent is considered oversold and

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Bitcoin Misery Index Indicators Show the Crypto ‘Isn’t Broken’

Bitcoin (BTC) “isn't broken” if it’s holding at the current price and volatility levels, Fundstrat’s Tom Lee said to CNBC's "Fast Money" on August 6. In the interview, the Wall Street bull referred to the current indicators of Fundstrat’s recently launched Bitcoin Misery Index (BMI), which aims to inform investors

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