Highlights April 12: Bitcoin drops below $40K, Monero trading higher

The crypto market as a whole was bearish in Asian hours, turning bullish at… The post Highlights April 12: Bitcoin drops below $40K, Monero trading higher appeared first on Coin Journal.

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Bitcoin briefly declines below $40k. Will it drop towards $35k soon?

The broader cryptocurrency market has been underperforming over the past few days. The cryptocurrency… The post Bitcoin briefly declines below $40k. Will it drop towards $35k soon? appeared first on Coin Journal.

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TA: Bitcoin Dives Below $40K, Why BTC Could Recover In Short-Term

Bitcoin gained bearish momentum and even declined below $40,000 against the US Dollar. BTC could recover if it manages to climb above the $40,000 pivot level. Bitcoin remained in a bearish zone and extended decline below $40,000.

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First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K

The CEO of the infamous Mt. Gox crypto exchange, which shuttered in 2014 after losing over 800,000 bitcoin, is re-entering the industry with a rating service, but is he in touch with the latest developments?

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Bitcoin Falls Below $40K for First Time Since Mid-March

With few reliable fundamental investing factors for the largest cryptocurrency, crypto traders often focus on (large) round numbers as psychologically important price levels.

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Bitcoin whales fill their bags despite warnings BTC price could fall below $40K

Bitfinex heavyweights are not the only ones who see current Bitcoin price levels as a buying opportunity.

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Bitcoin Stalls Below $48K Resistance; Support at $40K-$43K

Bitcoin (BTC) is stuck in a choppy trading range with support between $40K and $43K. The cryptocurrency is entering a period of seasonal strength, which could keep the recovery intact, albeit briefly.

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TA: Bitcoin Moves Below 100 SMA, Why $40K Is The Key

Bitcoin started a downside correction below $41,200 against the US Dollar. BTC must stay above the $40,000 support to start a fresh increase. Bitcoin started a downside correction below the $41,200 support zone.

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TA: Bitcoin Breaks $40K, Key Upside Break Suggests Trend Change

Bitcoin started a major increase above the $40,000 resistance against the US Dollar. BTC might correct lower, but downsides could be limited below $40,000. Bitcoin was able to clear the $40,000 resistance and entered a positive zone.

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Examining the source of Bitcoin's selling pressure and its awaiting consequences

Bitcoin prices continue to consolidate this week, compressing into an increasingly tight area below the $40k mark. Long-term holders seem to run out of patience as accumulation trends softened in the The post Examining the source of Bitcoin's selling pressure and its awaiting consequences appeared first on AMBCrypto.

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$40K Bitcoin price is in reach, but analysts warn that a sweep of recent lows is likely

Sky-high inflation, fear over the Fed’s expected rate hike and exploding commodity prices are all possible reasons for BTC’s recent dip below $40,000.

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Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure

Bitcoin (BTC) and other cryptos traded in a choppy range on Thursday. Altcoins experienced less selling pressure, indicating a slight appetite for risk among crypto traders. But larger macroeconomic developments could weigh on risk assets, which is keeping investors at ease.

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Peter Schiff Attempts to Prove Why “Bitcoin Isn’t Digital Gold” Following Plunge Below $40k

Bitcoin has often been compared to gold, earning itself the moniker "digital gold" or "gold 2.0" for its price performance over the years.

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Bitcoin Returns to Range Below $40K; Support at $35K-$37K

Bitcoin (BTC) is stuck in a tight trading range after failing to break through $40K resistance. Lower support at $35K and $37K could stabilize pullbacks into the Asia trading day.

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Bitcoin On-chain Data Suggests 11-Year Old Coins Worth $20M Behind The Drop

On-chain data suggests that dumping from 11-year old coins worth $20 million may be behind the recent Bitcoin price drop. 11-Year Old Bitcoin Moved Shortly Before The Drop below $40k As pointed out by an analyst in a CryptoQuant post, a large amount of dormant coins since eleven years ago seems to have moved a […]

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Bitcoin prints classic Bart pattern as BTC price dives back below $40K

More than $200 million of daily crypto liquidations accompany an about turn for Bitcoin price action.

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Risk Aversion Pulls Crypto Market Down, Bitcoin Still Below $40K

The crypto market is still reeling as a result of risk aversion triggered by Russia’s invasion of Ukraine. On Monday, Bitcoin (BTC) fell for the sixth time in six days. It has again failed to break beyond the $40,000 barrier.

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Gold outperforms Bitcoin as a store of value as BTC drops below $40K

As the weekend began, BTC gave up the double-digit gains from earlier in the week to drop below a critical psychological marker of $40k. The post Gold outperforms Bitcoin as a store of value as BTC drops below $40K appeared first on CryptoSlate.

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Bitcoin Rally Evaporates as Price Tumbles Below $40K Friday Afternoon

The crypto’s divergence from stocks earlier this week has proven to be short-lived.

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BREAKING: Bitcoin Drops Below $40K as Sell-Off Intensifies

Bitcoin, the largest cryptocurrency, has slipped below the $40,000 level

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TA: Bitcoin Showing Early Signs of Fresh Decline, But $40K Is the Key

Bitcoin started a downside correction and traded below $42,000 against the US Dollar. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin started a fresh decline below the $43,000 and $42,000 levels.

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BTC below 40k, short-term holders drive volatility while geopolitics spook markets

With bitcoin trading mostly sideways during the weekend, without any major movement, the top cryptocurrency by market cap still fell under the important $40,000 mark. The post BTC below 40k, short-term holders drive volatility while geopolitics spook markets appeared first on CryptoSlate.

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TA: Bitcoin Breaks $40K, Why Recovery Could Face Hurdles

Bitcoin extended decline below the $40,000 support against the US Dollar. BTC is correcting losses, but it might face resistance near the $39,500 zone. Bitcoin extended decline below the $40,000 and $39,500 support levels.

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Gold Fanatic Peter Schiff Has His Day As Bitcoin Slips Back Below $40k

Gold bug Peter Schiff, who has been a staunch Bitcoin critic did not waste the moment to prove his critics wrong with his Twitter activity on Saturday buzzing with more than 10 self-praise rhetorics after Bitcoin dipped.

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Bitcoin Slows Plunge Below $40K, What’s The Best Point For A Pullback?

Bitcoin continues to trend lower over the weekend and seems at risk of re-testing previous lows. The first crypto by market cap was rejected at mid-area north of $40,000 and was unable to muster the momentum to hold those levels.

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BTC price dips below $40K as Wall Street open spells pain for Bitcoin bulls

Macro factors finally see $40,000 give way for Bitcoin price action after two weeks above.

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TA: Bitcoin Dives To $40K, What Could Trigger More Downsides

Bitcoin started a fresh decline below the $43,000 support against the US Dollar. BTC declined sharply to $40,000 and might continue to move down. Bitcoin started a fresh decline below the $43,000 and $42,500 support levels.

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Bitcoin Reaches Key Inflection Point, Fresh Bounce Shows BTC Is Ripe For $40k Breakout

Bitcoin continues to grapple below $40,000 after a three-month-long freefall that saw the cryptocurrency shed 51% of its entire gains. As of February 4, the price had recoiled to an intraday low of $37,923 before soaring to $39,515.

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Bitcoin: What these indicators say about a possible bullish scenario in the near term

Bitcoin, the world's largest cryptocurrency, continues to trade below $40k, with many suggesting that the crypto-winter is finally here. In fact, some analysts expect crypto-volatility to remain elevaThe post Bitcoin: What these indicators say about a possible bullish scenario in the near term appeared first on AMBCrypto.

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Bitcoin Leverage: Lack Of Liquidations Could Indicate Another Wave Of Selling

Bitcoin finally broke below the $40K point this past weekend. This had sent the cryptocurrency back towards six-month lows. One thing though was that liquidations or the digital asset remained lower than expected.

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Where to buy Moss Carbon Credit coin (MCO2): it is up 287% in two days

Moss Carbon Credit coin (MCO2) has been on a monster Bull Run since January 22 when a majority of the cryptocurrencies were witnessing a sharp nosedive. Bitcoin, in particular, dives below $40K to about 33K while its close follower has fallen to about 2.

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TA: Bitcoin Turns Bearish, Bears In Control Below $40K

Bitcoin started a strong decline below the $40,000 support against the US Dollar. BTC might recover, but upsides might be limited above $38,000. Bitcoin started a major decline below the $40,000 and $38,000 support levels.

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NEAR Protocol crashes past the $13.18 level, could $10 see some buyers

Bitcoin dropped below the $40k mark and was below the $37. 6k area as well, and was trading near $35k at the time of writing. The price was strongly pushed downward in recent hours and was highly volatThe post NEAR Protocol crashes past the $13.

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Cardano drops 15% as amid broad selloff; here's where it can find support

Bitcoin dropped below the $40k mark in recent hours. Cardano saw a strong move on the lower timeframes in the past week as it rallied from $1. 23 to $1. 63 and appeared to break out of a downtrend.

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Crypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K

Pain for Bitcoin and altcoin investors alike as a fresh cascade sees $40,000 support disappear.

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TA: Bitcoin Dives Below $40K, Why Bulls Could Struggle In Near Term

Bitcoin started a strong decline from the $43,500 resistance against the US Dollar. BTC remains at a risk of more downsides below the $39,200 support. Bitcoin started a major decline after it failed to clear the $43,500 resistance.

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TA: Bitcoin Key Indicators Suggest A Strengthening Case For Move Below $40K

Bitcoin failed to stay above the $43,000 support against the US Dollar. BTC is trading in a bearish zone and could continue to move down below $41,200. Bitcoin is struggling to climb above the $42,500 and $42,800 resistance levels.

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Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022

BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022.

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Bitcoin drops below $40K for first time in 3 months as fear set to 'accelerate'

Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down.

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Bitcoin Whales Are Increasingly Buying The Dip Despite BTC On The Verge Of Sinking Below $40k

BTC Whales increase holdings. Bitcoin price remains stuck at $40K amid fears that the new bottom could be $38K. Whale activity has been on the rise since November last year. The third-largest Bitcoin whale made a purchase of about 456 BTC this week.

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Bitcoin Risks Plunging Below $40k Following Fed’s Plan To Raise Interest Rates

Bitcoin trades at $41,884 to the consternation of investors. The Fed’s proposed hike in interest rates plays a key role in the asset’s slump. Altcoins have also suffered from the recent downturn, posting double-digit losses.

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Cosmos has heavy demand at this area but can bulls hold on

Bitcoin looked to defend the $40k-$42.5k demand area, but it was unclear whether Bitcoin would have sufficient demand to avoid sinking below $40k. During this time Cosmos has actually performed quite The post Cosmos has heavy demand at this area but can bulls hold on appeared first on AMBCrypto.

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“Bitcoin Is In The Early Stages Of A Brutal Bear Market”, Says Critic As BTC Risks Plunging Below $40k

Bitcoin has been getting a lot of criticism from skeptics, who in the usual fashion point out the possible pushback that the benchmark cryptocurrency is likely to face. Bitcoin’s failure to begin the year on a bullish note has been interpreted by cynics as a sign that the asset has reached its peak. Putting it […]

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Kraken CEO Says Bitcoin Below $40k Is A Buying Opportunity

Jesse Powell, the CEO of the popular crypto exchange Kraken, has said that Bitcoin under $40K would be a good buy, while also predicting that the dollar will go to zero. Bitcoin’s Fall Is A Buying Opportunity If the price of Bitcoin falls below $40,000, Kraken CEO Jesse Powell says the present downward pressure would provide another purchasing opportunity for investors.

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Bitcoin below $40K is a buying opportunity, says Kraken CEO

Jesse Powell says he bought more Bitcoin when it dropped to lows of $30,000…

The post Bitcoin below $40K is a buying opportunity, says Kraken CEO appeared first on Coin Journal.

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Kraken CEO: Bitcoin Under $40K Is "Buying Opportunity"

Kraken CEO Jesse Powell does not rule out a drop below $40,000 but sees it as buying opportunity

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Look out below! Analysts eye $40K Bitcoin price after today’s dip to $45.7K

BTC price slumped to an intraday low at $45,672 and analysts say a classic technical analysis pattern and on-chain data point toward a strong flush down to $40,000.

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TA: Bitcoin Settles Below $50K, What Could Initiate A Fresh Rally

Bitcoin declined heavily and it even spiked towards $40K against the US Dollar. BTC is recovering, but it must clear $50K for a steady increase in the near term. Bitcoin is attempting a recovery wave above the $47,000 and $47,500 levels.

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Bitcoin: What happens when the 'unlikely' becomes 'more likely'

Over the past 3 days, Bitcoin's price has been making lower lows - first $46.8k, then $42.5k and finally $39.6k. As the king-coin's price momentarily dunked below $40k, during the late hours of TuesdaThe post Bitcoin: What happens when the 'unlikely' becomes 'more likely' appeared first on AMBCrypto.

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