Bitcoin Price: Technical Flags Scream ‘Buy!’ as Market Nears Key Level

Bitcoin continues to grind higher, and on Monday the flagship cryptocurrency hit its highest level in 2019. Many investors are stuck in the past looking at the wild volatility brought on by excessive speculation, and ignoring that right here right now, the Bitcoin price is showing maturity and stability – and could be primed for a major boom. Bloomberg reported that a popular technical indicator is now screaming buy after the last signal it generated prompted a 17% rally. Low Bitcoin Volatility is Great for Altcoins If BTC/USD was a traditional currency pair, people would be going wild over how

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‘Wrong at Virtually Every Level’: Elon Musk Torches ‘Radical’ SEC for Twitter Gag Attempt

Billionaire Elon Musk fired back at the Securities and Exchange Commission’s February 2019 contempt filing designed to muzzle the Tesla CEO’s Twitter commentary. Elon Musk: ‘SEC’s Position Is Wrong’ In a fiery response filed March 22 in New York federal court, Musk slammed the SEC for its “radical reinterpretation” of a September 2018 consent decree under which he agreed to get approval from Tesla’s board before tweeting anything that could impact TSLA’s stock price. “The SEC’s Reply makes clear that its effort to hold Musk in contempt relies on a radical reinterpretation of the Order that would impose sweeping restrictions

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Crypto Spring Blooms? Bitcoin Transactions Hit Highest Level in 13 Months

Positive news has been stretched thin during the “Crypto Winter,” but there are now genuine signs that the ice is beginning to thaw. With Bitcoin showing remarkable resiliency and price stability in a world that wants to write it off, there are many fundamentals to which believers in the world’s largest cryptocurrency like to pay attention. One of these metrics just went through the roof. The SFOX Crypto Volatility Report: February 2019 was released today, and in this report, analysts try to gauge the health of crypto markets by looking at the following three metrics: price momentum, market sentiment, and

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Analyst: Bitcoin Price Must Hit This Key Level to Exit Bear Market

In the wake of Sunday’s crypto massacre, shell-shocked investors have been left with dashed dreams and a lingering question: Will bitcoin’s bear market ever end? Crypto brokerage BitOoda says that the answer lies in two price levels: $ 4,200 and $ 6,000 – levels with which retail buyers need to become more acquainted. Bitcoin Price Facing Strong Resistance at $ 4,200 Writing in a note to clients on Monday, BitOoda Executive VP of Institutional Sales Brian Donovan said that the sell-off demonstrated that the ~$ 4,200 level had become a significant level of resistance for the bitcoin price. “We can see clearly now that

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