Bitcoin Bottom In? What Crypto Traders Expect After $10 Billion Surge Overnight

On February 8, the crypto market experienced a strong $ 10 billion recovery from $ 111 billion to $ 121 billion, breaking out of a three-week stalemate. With an overnight price movement, the crypto market nearly fully recovered to January levels at around $ 130 billion. Several major crypto assets in the likes of Litecoin (LTC) and EOS (EOS) recorded gains in the 15 to 20 percent range against the U.S. dollar. Bitcoin surged by 11 percent from $ 3,337 to $ 3,711. Although the dominant cryptocurrency slightly retraced to $ 3,616, it has shown strong momentum in the past 24 hours. Traders Foresee Bullish Movement For

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Why Bitcoin’s Forecast is Finally Turning Bullish, Expect a Bitcoin Price Rise

The price of bitcoin is still hovering below the $ 3,500 mark and volatility seems to be dying fast. Is it strange, then, that SFOX‘ report (a cryptocurrency prime dealer for large-scale investors) places the Crypto market at ‘mildly bullish’ entering February? This is a couple of notches up from its ‘mildly bearish’ tag last month. Why? The institutional broker-dealer SFOX report collects key metrics, including volume, price, and volatility data from eight major exchanges on four leading crypto assets–Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. It then analyzes their global performance. According to the report: Two things stand out in this month’s

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At Last, Traders Expect High Volatility as Bitcoin Breaks $3,600: Good Start to February?

By CCN.com: In the last 48 hours, despite the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has increased from $ 3,511 to $ 3,657 by nearly two percent. Although the lack of a major price movement following a highly anticipated event like the VanEck ETF withdrawal demonstrated … Continued

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Ray Dalio: “I expect borrowing and printing money will both grow, which will weaken the dollar and eventually diminish its role as a reserve currency. Said differently, the soundness of our finances is weak.”

Ray Dalio: "I expect borrowing and printing money will both grow, which will weaken the dollar and eventually diminish its role as a reserve currency. Said differently, the soundness of our finances is weak." submitted by /u/myquidproquo
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