Bitcoin Steadies above 100 SMA, Here’s How BTC Could Start Fresh Increase
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summy Morphe
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June 2, 2021
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Bitcoin
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Bitcoin price corrected lower from the $38,000 resistance zone against the US Dollar. BTC is holding the 100 hourly SMA and it could start a fresh increase in the near term. Bitcoin is holding a couple of important supports near the $36,000 zone. The price is currently trading nicely above $36,000 and the 100 hourly simple moving average. There is …
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Why Bitcoin Could Sweep Lows Before A Bounce
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summy Morphe
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June 1, 2021
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Bitcoin
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Bitcoin price is consolidating above $35,000, trying to build enough support to make an attempt at returning to local highs. Once there, if or not the bull run is still on will become a lot clearer. But before that happens, there could be one more deep sweep of lows, according to a highly accurate market timing indicator. Here’s what the …
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Singapore-based global financial company, DBS Bank, has dispatched its first-since forever security token contribution, or STO, by giving an advanced bond.
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summy Morphe
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June 1, 2021
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Blockchain
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The DBS advanced security has been evaluated at $11.35 million and accompanies a six-month tenor and coupon pace of 0.60% yearly. The contribution was brought out through a private position facilitated by DBS Digital Exchange, or DDEx, denoting DDEx’s first STO.To energize financial backer commitment, the bond is set to be exchanged board loads of 10,000 Singapore dollars (generally $7,560) …
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Ethereum Gains Traction, Why ETH Could Soon Retest $3K
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summy Morphe
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June 1, 2021
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Ethereum
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Ethereum gained pace above the $2,550 resistance zone against the US Dollar. ETH price is trading in a positive zone and it could rally if it breaks the $2,750 resistance. Ethereum is slowly moving higher and it broke the key $2,500 resistance zone. The price is now trading well above $2,500 and the 100 hourly simple moving average. There is …
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Bitcoin Grinds Higher, Here’s Why Dips Turned Attractive
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summy Morphe
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June 1, 2021
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Bitcoin
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Bitcoin price started a steady increase above the $36,000 resistance against the US Dollar. BTC even broke $37,000 and it is now showing positive signs. Bitcoin gained bullish momentum above the $35,000 and $36,000 resistance levels. The price is currently trading well above $36,000 and the 100 hourly simple moving average. There was a break above a major bearish trend …
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Banks Will Be Replaced With Crypto
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summy Morphe
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June 1, 2021
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Blockchain
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Charles Hoskinson, who is a Colorado-based technology entrepreneur and mathematician, is the founder of Cardano and co-founder of Ethereum, which are both blockchain platforms. Recently, Charles Hoskinson, the originator of Cardano (ADA) stated that he plans to assemble fabulous ‘engines’ fit for handling billions, if not trillions, of exchanges each year. He gave a title to his new YouTube video …
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Five Signs That The Bitcoin Bottom Is In
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summy Morphe
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June 1, 2021
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Bitcoin
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Bitcoin price was slashed in half during the month of May, leaving today as the last day for bulls to make a stand and undo the worst monthly on record. Even if the blood stain is left behind on the price chart for good, that doesn’t mean bulls still can’t pull off an upset and push prices higher. Here are …
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Ethereum Resumes Decline, Here’s What Could Trigger More Downsides
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summy Morphe
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May 31, 2021
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Ethereum
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Ethereum failed to continue above $2,500 and started a fresh decline against the US Dollar. ETH price is showing bearish signs and it could continue lower below $2,240. Ethereum is struggling to gain bullish momentum above the $2,400 and $2,500 levels. The price is now trading well below $2,450 and the 100 hourly simple moving average. There is a key …
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Bitcoin Bears Are Back, Here’s Why BTC Could Test $30K
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summy Morphe
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May 31, 2021
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Bitcoin
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0 Comments
Bitcoin price failed to clear the $37,000 resistance against the US Dollar. BTC is declining and it remains at a risk of more losses below $34,000. Bitcoin is facing a lot of hurdles near the $36,000 and $37,000 resistance levels. The price is currently trading well below $37,000 and the 100 hourly simple moving average. There is a key bearish …
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Bitcoin Resumes Decline, Here’s Why BTC Could Dive To New Monthly Low
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summy Morphe
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May 30, 2021
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Bitcoin
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0 Comments
Bitcoin price is showing bearish signs and trading well below $40,000 against the US Dollar. BTC is likely to extend losses below $34,000 and $32,000 in the near term. Bitcoin failed to settle above $40,000 and it started a fresh decline below $38,000. The price is now trading well below $40,000 and the 100 simple moving average (4-hours). There is …
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