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Archiv für August 2020

What a Rebounding Dollar Could Mean for Bitcoin and Altcoins

Both Bitcoin and altcoins have enjoyed a near-perfect environment for them to thrive, all based on the dollar’s weakness and decline. It has allowed these digitally scarce assets to rise significantly in 2020. However, a rare signal suggesting that the dollar will soon reverse could put an end to the recent crypto bull rally. Here’s…


How to earn a second income on eToro

The social trading platform eToro has now made it possible to earn a second income with their Popular Investor program.  It all has to do with their CopyTrader™ feature, which allows users to allocate funds to other traders’ investment moves — essentially, copying them. So, if you don’t feel like a confident crypto trader, but…


Bitcoin Expects to Hit $14K on Imminent US Dollar ‚Death Cross‘

Bitcoin bulls should buckle up as the cryptocurrency prepares for a rally towards its 2019 high at near $14,000. The expectations of a $2,000-plus jump come as Bitcoin maintains an inverse correlation with the US dollar since March 2020. Back then, the greenback spiked when the COVID-19 pandemic first struck the financial markets, as investors…


Analyst Expects Bitcoin to Dump Towards $10.5K or Lower

An overnight jump in the Bitcoin price Sunday may not put the asset en route to higher levels this week. That is because of a lower weekly open, says a pseudonymous Twitterati. The analyst notified his followers about an early morning Bitcoin move on Monday – a sell-off that pushed the cryptocurrency lower from its…


The Market Is „Too Sober“ For Bitcoin to Top At Current $11,500 Level

Analysts think that the Bitcoin market is “too sober” to top at current price levels. BTC trades at $11,600 as of this article’s writing, perpetuating the consolidation it has been in for the past three weeks. Why Bitcoin Is Unlikely to Top Here One cryptocurrency trader thinks that it’s unlikely that Bitcoin is forming a…


Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?

Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto…