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Bitcoin Daily Chart Points A Crucial Breakout Setup With Resistance At $10,000

Bitcoin is trading well above key supports on the daily chart against the US Dollar. BTC seems to be preparing for a crucial bullish breakout above the $10,000 resistance zone.Bitcoin traded as high as $10,390 before it started a minor downside correction.The price is currently trading well above the $9,000

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Several Chinese Media Outlets Setup a “Blockchain-Powered News” Department

A group of 12 Chinese media organizations conformed by television stations, local newspapers, radio stations, and web media allied to create a “blockchain-powered news department” on May 21.According to the report published by China Email, the group is made up of media companies from all over the country. They use

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This “Perfect” Sell Setup Marked Bitcoin’s $10,000 High. It Just Returned

Early this week, analysts were expecting for Bitcoin to start to reverse lower. The cryptocurrency, after rallying for five weeks straight, was seemingly starting to top out, falling to $6,800 in a move that liquidated dozens of millions.But just days later, BTC pumped higher, liquidating $70 million worth of short

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Bitcoin Portrays Bullish Setup as Trump Plans Yet Another Bailout

Bitcoin undergoes an intraday bounce after testing its long-term support.The recovery follows a deeper downside move earlier this week in the wake of the US oil market’s historic crash.President Donald Trump insists on saving the crude industry via another bailout.Bitcoin rebounded higher Wednesday as the Donald Trump administration discussed the

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Bitcoin Risks Massive Plunge even amidst Golden Cross Setup; Here’s Why

Is the price of bitcoin preparing for a massive price rally ahead? Many traders believe so.The optimistic sentiments emerge owing to a potentially bullish factor. The bitcoin’s 50-daily moving average this Tuesday inched above its 200-daily moving average, a pattern known as Golden Cross.Golden Cross formation hints an upside price

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