Category: Speculation

Bitcoin prices signalling a huge crash as Ruble dips further

Bitcoin has undergone quite a transformation this year. in terms of real life adoption its has seen huge success, riding the enormous wave known as Microsoft and even attracting the likes of Tim Draper to further splash millions of dollars. As gleaming and appealing as this side of Bitcoin looks we can never forget the market which drives the coin. The bitcoin market perhaps the most volatile market comparing to …
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Is Bitcoin’s bear market coming to an end?

    We have seen a long a ruthless bear market in the past couple weeks, is it possible that the recent rally marks the shift in trends? Lets look at some charts shall we. The top chart on tradingview is holding a long position implying that the current rally is only temporary.   I have continued to maintain overall consolidation and bearish tone with conservative targets of retest of …
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The End of Bitcoin’s Bear Market

 The year 2014 has been quite a bad year for Bitcoin speculators. As we enter into the last weeks of December, traders and market participants anticipate in desperation for a trend reversal. So far, after making a low of $275 on Oct 5th at Bitstamp, the price movement during the last ten weeks have been on a stagnant mode. Trading in a tight range, the calls of doom and the …
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Why Bitcoin price jumped after the SR2 seizure

What happened As we all know SR 2 has been seized on Thursday November 6th. The FBI conducted multiple dark net market seizures as part of their operation “Onymous”  which was a global law enforement operation which involved the cooperation of multiple law enforcement agencies across the globe. As a result, Silk Road 2 along a few other marketplaces such as Cloud 9 and Hydra. If you want to read more …
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