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Fundstrat: Bitcoin Fundamentals “Should” Turn Positive Over 2019

While 2018’s lethargic crypto market crawl has continued into early-2019, save for Friday’s sudden buy-side influx, analysts have begun to express optimism. Case in point, Fundstrat Global Advisors, a New York-headquartered investment advisory outfit, expressed why the outlook for Bitcoin and other cryptocurrencies could improve over 2019. дальше »

2019-2-10 03:00


Dow Jones Rout: The Cat is in the Bag, the Bag is in Trump’s Hand

Friday started off badly for the Dow Jones industrial average, with all major stock indexes trading markedly lower right out of the gate Friday morning. Nike (NKE) defied gravity at the start of the session after an analyst price-target hike, but got dragged back down to earth with Apple (AAPL), Chevron (CVX), Exxon Mobil (XOM), and the rest of the beleaguered market by the Dow’s 25,106. дальше »

2019-2-9 00:42


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Bitcoin Price Surges 11% Hitting The $3,700 Target

Bitcoin price surged 11% after being led by Litecoin’s impressive 30% move earlier in the day. The cryptocurrency market is also up 10% as a whole at the time of writing. Bitcoin Price: 1 Day Chart As Bitcoinist reported on Monday, we were expecting a volatile week and as Friday came it did not disappoint, with Bitcoin price blasting out of its descending wedge, through resistance at $3500 and hitting the $3700 target, which we Read More The post Bitcoin Price Surges 11% Hitting The $3,700 Target appeared first on Bitcoinist.com. дальше »

2019-2-8 21:00


Dow Smashes Through 25,000 after Blowout Jobs Report Pours Cold Water on Government Shutdown Fears

The U. S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U. дальше »

2019-2-2 19:14


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02