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Could Bitcoin Hit 98x Price Leap Over Gold? 'Rich Dad Poor Dad' Author Already Believes That, But Here's What Glassnode Founder Says
Monday, October 9, 2023 - 5:57am | 239Read More...Glassnode co-founder Negentropic on Friday conducted a detailed analysis on whether Bitcoin (BTC) could potentially reach 98 times the price of gold. What Happened: His examination revealed encouraging signs as key indicators, such as the Relative Strength Index (RSI) and the Moving Average...
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Amid Crypto Bloodbath, Expert Predicts Bitcoin Could Reach $300,000 To $500,000 By 2024
Friday, August 18, 2023 - 10:48am | 518Read More...Prominent cryptocurrency expert, PlanB, has hinted at a potential surge in Bitcoin's (CRYPTO: BTC) value, possibly reaching into the six-figure range within the next year. During a discussion on his YouTube channel, which boasts over 65,000 subscribers, PlanB pointed out a recurring trend in...
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Target's Stock Shows Double Bottom Pattern, Oversold RSI Ahead Of Q2 Results: Anticipating The Next Move
Tuesday, August 15, 2023 - 4:44pm | 583Read More...On Aug. 15, Target Corporation (NYSE:TGT) created a double bottom pattern in its stock price, which fell to $125, revisiting lows last seen on June 9. The imminent catalyst for Target is its upcoming release of Q2 financial results, scheduled for Aug. 16 before the market opens. Analysts on Wall...
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AI Frenzy Pushes S&P 500's RSI To Most Overbought Level Since November 2021: What Does History Suggest Will Happen Next?
Friday, June 16, 2023 - 12:35pm | 506Read More...The pace at which stocks have surged in recent weeks has begun to trigger a few warning signals among the most common technical tools used by traders. On Friday, June 16th, the relative strength index (RSI) for the S&P 500 Index reached its most overbought level since November 2021, suggesting...
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Key Metric Indicates Bitcoin Due For A Bull Run: Investment Strategist
Monday, April 26, 2021 - 3:13am | 495Read More...A key metric indicates that Bitcoin (BTC) is due for a bounceback, according to Raoul Pal, CEO of Global Macro Investor, a global macro advisory publication. What Happened: Pal made the observation on Twitter with regard to the Relative Strength Index. The RSI is an indicator used by technical...
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9 Most Overbought Stocks In The S&P 500
Monday, December 9, 2019 - 11:35am | 581Read More...While value investors look for stocks that have become priced too low or high based on fundamental metrics such as earnings, revenue and debt, technical traders base their buys and sells off of recent trading action in a stock’s charts. Stocks rarely move in one direction for too long without...
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Trader Toolkit: Under The Hood Of One Of The Most Popular Technical Indicators
Wednesday, August 7, 2019 - 9:17am | 926Read More...With more and more trading platforms and the growing allure of low-to-no-fee brokerages, new traders are confronted with a deluge of options when it comes to trading and investing. But lost in the promises of sleek interfaces and free shares for signing up is the fact that successful trading takes...
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Bitcoin Bulls Fight Tooth And Nail To Defend $3,400 Support: A Bounce Upwards In The Offing
Thursday, January 31, 2019 - 11:53am | 359Read More...Delayed Bakkt exchange to offer physically-backed Bitcoin futures contracts. Bitcoin must defend the $3,400 support in order to avoid retesting January 2019 lows. The market is back in the red after at least 24-hours of trading in the green. Bitcoin embarked on an upward recovery journey after it...
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Bitcoin Cash (BCH): Falling Wedge Pattern Breakdown Looms
Monday, January 28, 2019 - 11:48am | 282Read More...Bullish momentum is building up as technical indicators send positive signals. Breaking the falling wedge support could see continued losses towards $100. The volatile aspect of the cryptocurrency market is back after a week of stability. Bitcoin Cash ended last week trading above the support $...
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EUR/USD Forecast: Only A Dead Bounce As Downside Risks Dominate
Friday, January 25, 2019 - 12:28pm | 625Read More...EUR/USD is trying to recover after suffering from USD strength. A light calendar allows sentiment to make its mark. The technical picture is bearish for the pair. EUR/USD stabilizes above 1.1300 after dipping below the round number late on Thursday in a volatile session. However, the move up from...
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Bitcoin Price Immobile: Yahoo Founder, Jerry Yang Remains Bullish On BTC And The Blockchain
Tuesday, January 22, 2019 - 1:24pm | 379Read More...Bitcoin price stock-still within the confines of a narrow range. “Blockchain is a natural technology for banks and trading,” Jerry Yang. Bitcoin price is literally motionless with the immediate upside capped at $3,550. The largest virtual asset by market capitalization is stuck in a...
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EUR/USD Forecast: Drifting Down The Channel As Global Fears Mount
Tuesday, January 22, 2019 - 1:04pm | 571Read More...EUR/USD extends its downward drift as worries mount. The return of US traders and growing tension towards the ECB decision dominate. The charts show that the bears are in full control. EUR/USD extends its gradual decline and trades around 1.1350. Markets are lower in Asia and around the world as...
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EOSIO V1.6.0 And EOSIO.CDT V1.5.0 Released: EOS/USD Slumber Continues
Friday, January 18, 2019 - 12:27pm | 305Read More...EOSIO V1.6.0 increased token transaction speed per second by 35%. EOS price remains unchanged since mid-December. The EOS network is celebrating the release of both EOSIO V1.6.0 and EOSIO.CDT V1.5.0. The announcement of their release was made via EOSIO Medium channel while details of the same...
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EUR/USD Forecast: Euro Oscillates Around 1.1400 As Markets Price Out ECB Rate Hike Chances In 2019
Friday, January 18, 2019 - 12:03pm | 320Read More...Euro trade around 1.1400 for the third day in a row as sideways trend prevails. Deteriorating Eurozone data saw ECB President Draghi acknowledging the economic slowdown. The EUR/USD is trading little changed at around 1.1400 for the third day in a row as the sideways trend prevails on the market...
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Bitcoin Price Analysis: Another Bearish Flag Pattern In Play
Thursday, January 17, 2019 - 12:05pm | 284Read More...Reaction to the short-bearish flag pattern could send Bitcoin back below $3,500. Bitcoin volatility is still high even as the market stays stable. The market has been stable since the devastating drop last week. However, Bitcoin volatility is still high. The asset succumbed to another drop on...
