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Buy the Pump, Sell the Dump — Does Momentum Investing Work in Bitcoin?

[ad_1] Since the start of the year, Bitcoin (BTC) price has been as high as $9,200 — a 2-month high — while going as low as $6,900 on Jan. 3. Bitcoin’s volatility is one of the most frequently discussed issues that arise when investors evaluate Bitcoin as an asset class. However, its volatile behavior is what provides an opportunity for investors to take advantage of the price movements and make
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Bitcoin Risk-Adjusted Returns Beat Gold, Stocks After Each Halving

[ad_1] Bitcoin (BTC) outperforms major assets such as gold, real estate and stocks if an investor holds it for just four years, popular data confirms.Highlighting the success of Bitcoin as an investment tool on Jan. 22, veteran cryptographer Nick Szabo noted Bitcoin is so far unmatched compared to many other assets broadly considered profitable. Szabo: BTC hodlers “have low time preference”Szabo linked to a chart from statistics resource Woobull, which placed
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Bitcoin Price Tightens as Traders Prepare for a Second Shot at $9.2K

[ad_1] After a strong two week performance that saw Bitcoin (BTC) price rise from $7,700 to $9,200, the top crypto asset appears to be consolidating before making another attempt at $9,200. As this process takes place and Bitcoin’s dominance rate dropped slightly, many altcoins rallied with double-digit gains which brought many to test or even push above their 2-year long descending trendlines. Most notably, the ETH/BTC pair pushed above its long-term
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Bitcoin Price Tightens as Traders Eye the CME Gap and $8.2K Support

[ad_1] The price of Bitcoin (BTC) tumbled down from $9,200 to $8,450 yesterday. However, bulls are defending the $8,600 level with strength. The market needs to find a support area before the continuation of the bullish momentum is likely. Did the market find one already? Crypto market daily performance. Source: Coin360Bitcoin price finds resistance at $9,200The price of Bitcoin rallied towards the $9,200 level through the past weeks, which makes it
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Bitcoin Price Ready to Push Above Key Resistance to Hit $10,000

[ad_1] Bitcoin (BTC) price sees a tremendous start of the year as it surged 25% year-to-date. Not only has Bitcoin been flourishing over the past few weeks, but altcoins have also been following along. Will Bitcoin continue the upward momentum, or is it a temporary top close?Crypto market daily performance. Source: Coin360Bitcoin breaks the 7-month downtrendThe price of Bitcoin broke through the downtrend a few weeks ago, which marked the
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New Analysis Finds That Mondays Are the Best Days to Buy Bitcoin

[ad_1] This week saw Bitcoin price (BTC) hitting the $9,000 barrier amid the launch of CME Bitcoin options and Plaid’s acquisition by Visa, reaching a record price for the last two months. Bitcoin’s 27% price gain since the beginning of the year along with the future bullish scenarios laid down by investors may attract new crypto holders. But since BTC/USD is traded 24/7, new investors may be wondering: is there a
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Identifying and Trading 4 Different Bitcoin Chart Gaps

[ad_1] The talk of the crypto community in the past few months has been the gaps on the Bitcoin (BTC) CME (Chicago Mercantile Exchange) futures chart. Bitcoin trades 24/7 on major exchanges but does not trade on weekends on the CME. This often creates a gap, or empty space on the chart when trading resumes on the CME.There is a famous saying in Physics: “nature abhors a vacuum.” This is
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Is a Price Correction Imminent?

[ad_1] Bitcoin (BTC) has been showing strength recently, as it surged from $6,900 to $8,500 in a matter of two weeks. Not only has Bitcoin sees a period of growth, but privacy coins and Bitcoin forks have also been showing a similar move.Crypto market daily performance. Source: Coin360Dash (DASH) is up 70% in four days, while ZCash (ZEC) is up 45% in the same amount of days. Also, Bitcoin Cash
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Bitcoin Holding $8K as Support but What Will it Take to Break $10K?

[ad_1] Bitcoin price (BTC) closed the week at $8,180 representing an 11% gain for the week after struggling to break the resistance at $7,600 for most of November and December. The price is down around 1% on Monday but the bulls have retained the $8K handle.Total market cap excluding Bitcoin was up 12.5% last week meaning that altcoins are starting to gain some market share from Bitcoin, which is impressive
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Bitcoin Price $4K by April? One Big Reason to Not Be Bullish Just Yet

[ad_1] Bitcoin price (BTC) increased over 10% over the past week, so it didn’t take long for the usual crypto Twitter suspects to start screaming that they are all bullish now. Even I saw some bullish momentum as outlined in last week's analysis, but have we seen the bottom yet? Or is there more downside to come before we resume a bull trend?Daily crypto market performance. Source: Coin360.comThe monthly MACD