Bitcoin's 'Death Cross' Looms as Strategist Eyes $2800 Level

Bitcoin's 50-day moving average has dropped to the closest proximity to its 200-day moving average in nine months. Crossing below that level … Gear up for a 76 percent tumble from late February highs, which would take Bitcoin to a paltry $ 2,800, if the downtrend is repeated. Another gauge that …
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Bitcoin is retesting the $10000 level – here's why it's so important

Last November, the price of bitcoin crossed the $ 10,000 level for the first time. The rest of 2017 was an explosive ride, shooting up near $ 20,000 per coin before closing out the year just above $ 13,400. Now, we're right back to last November, making note of bitcoin breaking above $ 10,000 Thursday …
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Bitcoin tests important price level after dramatic plunge

Technical strategists say bitcoin looks to be in the process of finding a price floor. The analysts are watching the 100-day moving average, as a level the cryptocurrency has held in the past. If bitcoin has found a bottom, it could then test resistance at the 50-day moving average at around $ 14,500. If not, it …
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After bitcoin's rough week, currency strategist marks the next level to watch

Boris Schlossberg, managing director of foreign exchange strategy at BK Asset Management, told CNBC's "Trading Nation" that bitcoin's decline over the last week (a loss of a little over 16 percent, according to Coinbase) may spook investors or appear as a dip to buy. But at this juncture, $ 10,000 per …
Google Alert – bitcoin

“Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient.” -Hal Finney, Dec 2010

R.I.P. my Satoshi Nakamoto.

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Bitcoin – The Currency of the Internet