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Bitcoin Fundamental & Technical Report The crypto market bounced higher in the early hours this morning and is showing signs of a possible short term bottom. Volatility increased across all financial markets due to the highly anticipated FED interest rate decision, economic projections and policy statement. Risk assets surged higher post FED announcement with the...
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 😆 El Salvador bought the dip, and missed the bottom by 7 minutes 😆 150 BTC coins with an average USD price of $48,670. Bitcoin Fundamental & Technical Report Congress gets a crash course on cryptocurrency. Over the past 24 hours, 6 major crypto CEO’s testified in front of congress as to why cryptocurrency is more...
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There has been no real significant change in the technical structure of BTC since the last report. BTC is still trading inside the rising channel structure which is providing us bulls with some hope of a continuation to the upside. However, there are a number of fundamental risks that you should be aware of. Bitcoin...
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Bitcoin Fundamental & Technical Report – 17th November   In today’s report, we are taking an in-depth look at the technical structure of BTCUSD. Firstly, as usual, we will digest the recent fundamentals in the crypto space. Digital asset investment products attracted $151 million last week, cooling from prior weeks but remained positive. Bitcoin-related funds...
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The bulls are back in force – Market Report 21st October 2021 Bitcoin Fundamental & Technical Update What a ride the past couple of weeks has been with a fairly smooth transition from $40,000 USD to all-time highs this morning at $66,600 USD (BTC is 666 weeks and 6 days old today), strange coincidence… The...
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BTC Halving – 908 Day Count DownSurprisingly, China has banned crypto transactions for the ….. 100th time, paving way for the digital yuan (personally I can’t see this catching on).Bitcoin Fundamental & Technical Report – 30th September 2021It appears as though the Chinese government is attempting to prevent citizens from accessing methods to move money freely...
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What does is cost to MINE 1 BTC? 23rd September 2021 Before we get into the juicy information, let’s first take a look at the current market conditions. BTC Fundamental & Technical Update The negative economic news coming from China has weighed on all financial markets this week, including BTC. Risk assets declined due to...
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Cathie Woods the Chief Exec of ARK has called for a $500k target for BTC in just a few years – Here is why…   BTC – Technical and Fundamental Report US regulatory pressures continue to increase in the crypto space. Here at Miningstore we only see this news as positive as regulation provides clarity...
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BTC HODLers are on the rise! Bitcoin – Technical and Fundamental Update Bitcoin has faced a week of consolidation between the 46-50k range, although price action this morning has taken a sharp bullish turn to the upside. The crypto rally is being led by ETH which has moved roughly 15% shy of the record high...
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As highlighted last week, the BTC network reset resulted in a 7% jump in mining difficulty. Last week the BTC network reset resulted in a 7% jump in mining difficulty as the overall network hash rate continued to climb. The recovery can be attributed to Chinese miners finding sites to deploy their rigs and other...
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