Breaking News From the World of Bitcoins – What is the Stability Level - PowerPoint PPT Presentation

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Breaking News From the World of Bitcoins – What is the Stability Level

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Micky.com.au brings breaking news from the crypto world. And crucially, it is not merely sombre and grave articles, meant for the academician at heart. There is a lot of news to interest all sections of the population. – PowerPoint PPT presentation

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Title: Breaking News From the World of Bitcoins – What is the Stability Level


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Breaking News From the World of Bitcoins What
is the Stability Level
  • Presented By- Eric Kneigfile

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  • The latest news from the world of Bitcoins is
    that the crypto continues to maintain stability
    at the lower 5,000 region. This is a welcome
    change from the high positive volatility that the
    crypto went through in the past couple of weeks.
    The stability of the Bitcoin has led to a surge
    in the prices of other major cryptocurrencies
    too, some gaining by a massive 50. It reminds
    one of the heydays of cryptocurrencies during
    2017. Analysts predict that there is further room
    for Bitcoin prices to climb, and this will take
    other cryptos along.

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  • The Bitcoin news latest today analysis shows that
    Bitcoin was at 6,000 in November 2018, going to
    as low as around 3,000 by the end of the year.
    The price of Bitcoin is still below the November
    level which might yet turn out to be the point at
    which crypto faces the strongest pressure to
    cross. This can only be possible through
    significant buying pressure.

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  • This aspect is aptly brought out by DonAlt, a
    well-known cryptocurrency trader in update news
    on Bitcoin. He explains -
  • BTC consolidated for 150 days at 6000 before
    breaking down. Once it did it went down more than
    50 in a month. BTC consolidated for 130 days at
    4000 before breaking up. Were currently up 25.
  • That sums up the latest in price predictions of
    Bitcoin.

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