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Whales are actually bidding $8,800 to purchase Bitcoin on important interchanges like Bitfinex following a sharp decline to sub 1dolar1 10,000. The price of Bitcoin (BTC) abruptly declined by ten % in a single day on Sep. 4. Watching the dip, the sentiment around the cryptocurrency industry is now significantly cautious with the Cryptocurrency Fear … Read moreDon’t panic? Smart money’ whales are waiting around to get Bitcoin at $8,800

Ethereum, having extended played second fiddle to the top cryptocurrency, bitcoin, is actually stepping into the limelight. The ethereum priced, scaling more than ten % during the last 24 hour trading phase and contributing to profits of all almost 300 % so much this year, is still far behind the bitcoin priced – but price … Read moreEthereum Will be Eating Bitcoin

(Bloomberg) — After months of muted trading, Bitcoin could be poised for a new breakout and a potential breach of a key level of fitness, complex signals show. Over the weekend, the biggest cryptocurrency bounced from the lower Trading Envelope band, a switch which suggest it’s more likely to retest $12,000. The measure tends to … Read moreBitcoin Breakout Signal Emerges After Trading Envelope Bounce

Bitcoin is having the worst week of its in over three weeks. Could it be a bargain? Let us look at a normal valuation model for perspective – the inventory to course model. The Stock-to-Flow model attempts to value BTC in a way very much like other scarce assets like silver and gold. The essential … Read moreExplanation of the Stock to Flow Model as Bitcoin Pulls Back