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Bitcoin prices have fallen below the key $ 7,000, and are in a strong bearish mood. After the crossover, the short-term MA indicator was lower than the long-term MA indicator, and the traders furthered the market sentiment. Watch the complete analysis.

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One thought on “Bitcoin's analysis of the day April 2, 2018: Two strategies in play”

  1. Bitcoin is the original and most popular decentralized digital currency.
    It’s used by all types of people on every continent. Think of bitcoin as
    digital cash you can send or receive through the internet. Unlike
    traditional payments, Bitcoins are sent from one person to another without
    going through banks or other middlemen. Bitcoin can be bought and sold from
    online exchanges using dollars, euros, and other currencies and its the
    most popular of all the cryptocurrencies. Investing in bitcoin have made
    lots of people very wealthy . For those of us that bought and invested in
    bitcoin since 2011 we have made more gains selling bitcoins than when we
    bought it . Though it’s not too late for you to invest in bitcoin or any
    other cryptocurrencies. There are 2 ways in which you can invest in bitcoin
    to earn you profit. Some investors like myself who saw the potential then
    in bitcoin to rise in no time in the future quickly purchased lots of it
    when it was cheap to hold and store to sell when the price is now high and
    gained value. Also you can trade on bitcoin by depositing funds in your
    account and placing a bet that the price of bitcoin will either go high or
    fall down, once you bet correctly you will earn a certain amount of
    percentage profit daily on your account. The price of bitcoin rose from
    $1,000/BTC last year January 2017 to $15,000/BTC but currently the price of
    1 BTC $10,The price depreciated . Investors can purchase bitcoin at this
    time and store as experts has predicted the price of bitcoin will rise to
    $20,000 in no time . Imagine you purchase say 6 BTC for $12,200 for each
    BTC which is the current price at the moment as it depreciated drastically
    but still profiting from it , which gives a total of $73,200 and we assume
    that by February the price of one BTC has gone up to $17,000 which it will
    definitely rise and multiply that by 6btc which now gives you a total of
    $102,000 you have made an extra profit of $24,000. You can also invest in
    any other cryptocurrencies of your choice aside bitcoin. Which is why most
    investors and traders are currently looking and searching for that one coin
    out of the several cryptocurrencies that will be the bitcoin killer to take
    over bitcoin in the future. Although I have my pick of coin which crypto
    experts have seen the potentials in that coin and the value it possesses.
    Myself and some other crypto experts are already investing on this coin
    like we did in bitcoin and cashing out . The power to be the next crypto
    millionaire is in your hands. Invest and trade with the right platform and
    purchase any coins of your choice you wish to invest in .

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