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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42


Bitcoin [BTC] Recovery Continues As Price Briefly Touches $6600

The Bitcoin price rose all the way up to trade above $6600 briefly. We noted in yesterdays technical analysis article that a lot of signs were pointing towards the bullish movement. Yesterday’s candle had a long upper wick showing that it wasn’t yet prepared to trade at the higher prices, but we see a small follow […] Bitcoin [BTC] Recovery Continues As Price Briefly Touches $6600 was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-16 16:34


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For the first time in 2018 the future for bitcoin looks bright says bitcoinist!

A Bright Future Ahead Catalysts can lead any currency higher. This week saw Bitcoin hover in the low $6,000 range before mysteriously popping to above $7,500. This would allow institutional money to purchase BTC for the general public and anyone interested in investing in their fund. Recently it was announced that more than 50% of дальше »

2018-7-22 18:13


Bullish Outlook For Bitcoin [BTC] Price Coming Into Next Week – Bull Flag and Uptrend in the Mix

Friday recorded a relatively strong drop as the price was rejected from levels above the 100EMA but this weekend has recovered almost all of Friday’s decline and looks set for a move higher. Since the 10% gain from this week as reported here, the price has mainly been trading in a range from about the […] Bullish Outlook For Bitcoin [BTC] Price Coming Into Next Week – Bull Flag and Uptrend in the Mix was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-7-22 17:40


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »

2018-7-21 23:03