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We cover a range of factors which are suggesting that bitcoin will start a new uptrend. We look at gold, inflation, trading volume, the crypto greed & fear index and recent bitcoin news to determine where bitcoin price will go next. We also look at Ethereum news and do an ETH/BTC price analysis as well as taking a look at the whole altcoin market and bitcoin dominance. We finish off with a BTC TA looking at support zones for the bitcoin price.
⏰ Timestamps
1:20 Lack of volume
2:35 Latest bitcoin news
3:51 Bitcoin price resistance zone
4:30 Bitcoin cup and handle
05:36 Bitcoin and Gold
6:48 USD index - inverse correlation
8:15 Global Inflation
8:50 Fear & Greed index
10:11 Bitcoin dominance
10:48 ETH/BTC
11:50 Bitcoin price prediction
Sources:
https://news.bitcoin.com/us-federal-c...
https://www.tradingview.com/chart/BTC...
https://www.tradingview.com/symbols/C...
https://www.tradingview.com/symbols/T...
https://alternative.me/crypto/fear-an...
https://charts.cointrader.pro/charts....
https://www.statista.com/statistics/2...
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#Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano #btcusd #btcprice
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Altcoin Buzz Youtube | Telegram | Website | Twitter | Facebook | Uptrennd |
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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
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carlos torres 28 JulThe truth is that it is difficult to predict, but according to my experience, when there is such a rapid increase then there is a very sharp drop, but when the income is gradual, the price remains.
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The right time to buy Bitcoin for me and make some reasonable cash back is always when the volatility is very high
8
- Shoaib 28 JulDuring this lockdown phase price of both Bitcoin and Ethereum has increased significantly. But still i could not find ways how companies give return to individual who invest and how and how much companies earn who offer such investment proposals.
13
Josemendez Peter 28 JulWell , I think buying bitcoin with this current price rise will be a game of the strong hearted .
This means that the person will gain if bitcoin rises up to 12k value .
14
Isaac Christian 28 JulLeveraging experience from the capital market, while some people think that buying stocks at low prices is the normal thing to do, events have shown that when a stock is on the rise, you could buy and make some money as it continues on the upward movement.
This is pattern of trading is a strategy on its own different from the traditional investment strategies