Prominent Analyst Claims Bitcoin Could be Very Close to Long-Term Bottom

Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market. The past few months have been especially tumultuous for the markets with most cryptocurrencies setting fresh 2018 lows. Despite this, Bitcoin could be nearing its long-term bottom, according to one prominent analyst. Bitcoin Facing Growing Buying Pressure Per a recent Bloomberg report, the GTI Vera Convergence Divergence indicator is signaling that Bitcoin is…

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Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely

Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell's use of "patient" on Friday was The post Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely appeared first on CCN

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Trends, Capitalization, Localization, Industries, Success Rate

Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. The ICO market data is provided by ICObench, based upon the projects’ announcements recorded in ICObench database, which includes over 5,100 ICOs since August 2015. In 2018, 2,284 initial coin offering (ICOs) reached their conclusion and investors could choose, on average, among 482 token sales opening every day of the year. During 2017, the corresponding values were just 966 and 91 ICOs respectively.…

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