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Month: May 2017

Bitcoin Price Watch; Things Are Hotting Up

Let’s get things kicked off for a fresh morning of trading in the bitcoin price. Action overnight was pretty volatile. We set up against price with a relatively wide range, but despite this width, we still saw numerous entry points as price ran up and down through our respective key levels. For the session today, … Continue reading Bitcoin Price Watch; Things Are Hotting Up

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DASH/USD and LTC/USD Technical Analysis May 30, 2017

Hello and welcome to News BTC’s Market Outlook May 30. DASH/USD DASH in a positive session on Monday, initially reaching all the way towards the $119 level, but gave back some of the gains. Nonetheless, it is obvious that we are fighting our way to the upside, and it appears that the $104 level is … Continue reading DASH/USD and LTC/USD Technical Analysis May 30, 2017

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ETH/USD and ETH/BTC Technical Analysis May 30, 2017

Hello and welcome to News BTC’s Market Outlook May 30. ETH/USD Ethereum initially fell on Monday, but found enough buyers near the $155 level to turn things around and go looking towards the $170 level. On a break above the $172 level, it looks as if the market will be free to go looking towards … Continue reading ETH/USD and ETH/BTC Technical Analysis May 30, 2017

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BTC/USD and BTC/JPY Technical Analysis May 30, 2017

Hello and welcome to News BTC’s Market Outlook May 30. BTC/USD Bitcoin rallied against the US dollar on Monday, using the $2100 level as support. However, the $2300 level is also offering significant resistance. Overall bias of course is to the upside, so short-term dips will continue to attract buying. A break above the $2300 … Continue reading BTC/USD and BTC/JPY Technical Analysis May 30, 2017

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Ethereum Price Technical Analysis – ETH/USD is Progressively Bullish

Key Highlights There were continuous gains in ETH price, as it moved above the $178 resistance against the US Dollar. There is a steep bullish trend line with support at $181 formed on the hourly chart (ETH/USD, data feed via SimpleFX). On the upside, the pair may soon break the $191 resistance for more gains … Continue reading Ethereum Price Technical Analysis – ETH/USD is Progressively Bullish

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Dash Price Technical Analysis – DASH/USD Tuned Bullish

Key Highlights Dash price after a slide below the $80 support against the US Dollar found buyers and recovered well. The DASH/USD pair recently broke a major bearish trend line at $105 on the hourly chart (data feed from Poloniex). The price is now above the $100 resistance and the 100 hourly simple moving average, … Continue reading Dash Price Technical Analysis – DASH/USD Tuned Bullish

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Bitcoin Extension Blocks – Backwards Compatibility

  Recent media hype by Purse, the biggest marketplace for Bitcoin together with B-Coin (its in-house option for BTC implementation), disclosed the company introduced a scaling proposal known as “To the Moon”. Purse also worked on another approach called Extension Blocks. This is different from the approaches of Bitcoin Unlimited, Bitcoin Classic, and Bitcoin XT or the… View Article

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