Bitcoin Risks Slide to $9.5K After Sudden $700 Price Drop – CoinDesk

View Bitcoin quickly fell from $10,842 to $10,082 earlier today, confirming a rising wedge breakdown on the hourly chart. The bearish reversal pattern has opened the doors for a retest of $9,467 (Aug. 15 low). On the way lower, prices may find support at the 100-day moving average, currently at $9,882. The average served as […]

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Legendary Investor Makes Sudden, ‘Psycho’ Attack On Bitcoin – Forbes

Bitcoin has divided opinion since it was created a little over a decade ago, with some seeing it as a sort of digital gold, while others dismissing it as a scam or pyramid scheme. The bitcoin price, up over 200% so far this year after a disastrous 2018, has remained highly volatile, despite some thinking […]

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Bitcoin Faces Further Losses After Rejection Near $11K Price Hurdle – CoinDesk

View Bitcoin has created a rising wedge pattern on the 4-hour chart. A wedge breakdown, if confirmed, could yield a drop to levels below $10,000. Bitcoin’s recent recovery from $9,467 lacked high-volume support, so a rising wedge breakdown looks likely. The weekly chart is also flashing bearish signals. A high-volume move above $11,000 would invalidate […]

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Bitcoin has become an unlikely safe haven as global turmoil has rocked markets. But not everyone thinks t.. – Business Insider

David Gray/Reuters Cryptocurrencies such as bitcoin are becoming more and more appealing to investors as safe haven assets as trade tensions and geopolitical forces whip global markets and currencies.  Because bitcoin is decentralized, it’s not directly subject to market forces such as interest rates or currency debasement. Still, one expert explains to us why they […]

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Bitcoin ‘Millionaire’ Backs New Cryptocurrency Platform—Despite It Crashing A Staggering 98% – Forbes

Bitcoin has created a fair few millionaires since it exploded in value over the last few years, with some 17,000 bitcoin addresses containing more than $1 million worth of bitcoin. Bitcoin, by far the most valuable cryptocurrency, has also increased its dominance, a measure of bitcoin’s value compared to the wider crypto market—now at almost […]

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Terrorists Turn to Bitcoin for Funding, and They’re Learning Fast – The New York Times

SAN FRANCISCO — Hamas, the militant Palestinian group, has been designated a terrorist organization by Western governments and some others and has been locked out of the traditional financial system. But this year its military wing has developed an increasingly sophisticated campaign to raise money using Bitcoin. In the latest version of the website set […]

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Satoshi Nakaboto: ‘Serious money warming to Bitcoin’ – The Next Web

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Plato used to say: Let’s get it! Bitcoin Price We closed the day, August 17 2019, at a […]

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‘Extreme’ Bitcoin Warning Spooks Crypto Market – Forbes

Bitcoin and cryptocurrency traders and investors are nervously watching prices after market sentiment appeared to take a turn for a worse, dropping to its lowest level since December 2018. The bitcoin price has been hovering around $10,000 per bitcoin for a few weeks, with many hoping bitcoin was becoming a safe haven from turbulent markets. […]

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