A $20,000 Bitcoin is Possible According to This Bullish Fractal

An accurate bitcoin fractal from 2019 shows its price at or above $20,000 by the end of 2020. The cryptocurrency is forming ascending price channels after each successive upside move, signaling continuation to the upside. Their occurrence alongside other bullish fractals last year shot the price up by more than 150 percent. Bitcoin is going to hit $20,000 by the end of this year, according to a precise technical pattern. The benchmark cryptocurrency is currently trending inside a rising channel, confirmed by the formation of more than two reacting highs…

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Global Macro Investor: Explosive Ethereum Upmove Above $300 Clears Path to $500 ETH

Long positions in the second-largest cryptocurrency by market cap have gone parabolic, alongside the asset’s best use case. Bullish sentiment is picking up, and according to a global macro investor with over 25 years of market experience, Etheruem‘s chart looks to be on the”verge” of an “explosive upmove.” The analyst projects a target of $500 per ETH “minimum” once the asset clears resistance at $300. But what catalysts are ahead that could push the asset through the critical resistance level? Macro Investor: Ethereum on the Verge of Explosive Upmove, But…

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Bittrex and Poloniex Targeted in Class-Action Crypto Manipulation Suit

The plaintiffs behind a class-action alleging that Bittrex and Tether drove the 2017 bull run through market manipulation have requested the issuance of summons to exchanges Bittrex and Poloniex.  The lawsuit, first filed in October 2019, alleges that veteran cryptocurrency exchange Bitfinex and its sister company Tether inflated the supply of Tether’s USDT stablecoin without proper US dollar backing to drive up crypto prices during 2017’s all-time high. The suit is on behalf of investors who purchased crypto assets at what they believe are artificially inflated prices. The Plaintiffs have…

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