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Tag: bitcoin

Trading Forex with Bitcoin: Exploring the Pros and Cons

Bitcoin

The emergence of cryptocurrencies, particularly Bitcoin, has revolutionized the dynamic world of forex trading. With an increasing number of forex brokers now accepting Bitcoin and other digital currencies, traders are presented with new opportunities and challenges. But before you dive into using your hard-mined Bitcoins for forex trading, it’s crucial to understand the potential risks […]

Bitcoin Price Analysis: Testing Key Resistance at $26,200, Recovery Expected

bitcoin crypto currency diagram scaled 1

Bitcoin’s price has shown resilience, finding support above the $25,500 level and indicating a potential rebound. The cryptocurrency exhibits a gradual uptick, surpassing the $25,800 mark and forming a significant rising channel on the hourly chart of BTC/USD. Trading above $26,000 and the 100 hourly Simple Moving Average, Bitcoin faces resistance near $26,150. A breakthrough […]

Bitcoin Bulls Reveal Their Hands as BTC Price Aims to Retest $30,000

bitcoin dollar scaled 1

According to a recent article on FXStreet.com, Bitcoin’s price is showing an optimistic start to the week with a potentially quick recovery rally in the works. The four-hour chart shows an exaggerated bullish divergence, indicating that BTC could make a bullish move that propels it to $29,726. However, if the price experiences a four-hour candlestick […]

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