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Crypto Watch.

July 25, 2018 · SYLVIA MUCHAI

After a period of suppressed prices ( late 2017 up to the second quarter of 2018, Bitcoin is now positioning itself for a possible breakout above the yearly (200EMA) moving average prices and quarterly (60EMA) moving average prices.
This surge has been precipitated by news that the  World’s largest asset fund management firm BlackRock, and billionaire trader Steve Cohen have expressed interest in Cryptos and blockchain.
Keenly watching whether the price will hold above 8,180 after a weekly close, and going forward in the third quarter of 2018, if an uptrend will eventually be established or the current surge is just an overreaction.
Disclaimer: This article is for informational purposes only and NOT a BUY or SELL recommendation/signal.

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