RATE Group | Bitcoin moving on the razor edge
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Bitcoin moving on the razor edge

28 Jan Bitcoin moving on the razor edge

Posted at 10:54h in Ethereum News by

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  • BTC/USD plays with the bullish scenario but hides clear dangers for the trader.
  • XRP returns to the upside, pending a breakout of significant moving averages.
  • Ether lags behind and must accelerate to regain the lost initiative.

Yesterday’s positive day along the crypto board has brought the BTC/USD pair to the borderline between a bearish market and a free space where it can grow again in search of new historical highs. The technical setup is critical, although it hides danger if it doesn’t materialize, as I explain in the technical section.

The essential notes of the day regarding the crypto ecosystem:

– The World Economic Forum presents a project to promote the adoption of a “robust” framework for the Crypto ecosystem, involving both the private and public sectors. 

– A group of Bitcoins Cash miners from both North America and Europe are threatening to promote a hard fork as a lobbying measure against BTC’s intention. TOP’s CEO Jiang Zhuoer is using…

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