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While the vast majority of analysts have pointed to the SEC's decision to postpone the approval of VanEck's Bitcoin ETF to set the tone for the short-term downtrend of the BTC, some investors have voiced suspicions. The possibility exists of a claim, especially considering the delay in the SEC's decision.
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The first half of the forecast became a reality in the first week of February, when Bitcoin prices dropped below $ 6,000. Currently, many are skeptical that Bitcoin prices could return to a peak of $ 20,000 in 2018. Talk about $ 60,000.
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The unique characteristics of the cryptocurrency markets that have performed technical analysis and charting are invaluable tools to help predict direction, movement, support levels and resistance levels.
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If Bitcoin can continue with the uptrend momentum it has had since the recent rally, the $ 6,500 level could be broken. The next increase will be $ 6,700, $ 6,900 and $ 7,000.
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The decentralized crypto-based platform based on Ethereum, such as IDEX, leverages intelligent contracts on a blockchain network to perform peer-to-peer transactions (face to face, not through intermediaries) . Decentralized decks are protected from hacking attempts and security breaches because hackers are not able to hack into peer-to-peer networks.
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In the cryptocurrency and blockchain industries, not everything is considered innovative and revolutionary in technology. According to a study published by the Chinese news site Sina News and researched by the Securities Daily, the reality is that very few developers are truly innovative and innovative.Electronic money is the best payment method in the industry 4.0.
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The media plays a role in getting you to the news, but understanding it is difficult. Look at the current discount market, where bitcoin is at around $ 6,500, in the media tend to be splashy and based on the current trend, eventually the main loser. are we But a trading community will have a different view of the market, they will help us understand with any price increase / decrease action.
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