Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K

Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
фото показано с : cointelegraph.com

2024-8-16 06:00

The crossing of this indicator on two different timeframes has signaled to traders that short-term performance may be weakening, sparking fear in the market. origin »

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indicator short-term traders signaled performance may market

Источник: cointelegraph.com

indicator short-term → Результатов: 46


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Why Analysts See Bitcoin Breaking Out of the $8,800 Resistance Level Very Soon

Crypto analysts and investors have established the $8,800 resistance level as a short-term target for Bitcoin, based on the optimistic technical indicators of the dominant cryptocurrency. Bitcoin Rally Ahead? Most of the predictions on the short-term rally of Bitcoin originated from data provided by RIG trend lines — an indicator that combines the Relative Strength.

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Фото:

CNBC ‘Reverse Bitcoin Price Indicator’ Hits Bullseye Again

Less than a week after CNBC forecast an $8000 Bitcoin price, the largest cryptocurrency tumbled close to $6000, leading to ridicule from commentators. ‘$8K Could Be Next’ In another instance of the network proving itself as a so-called ‘reverse price indicator,’ its predictions for BTC/USD completely contrasted with short-term reality, the pair going on to lose almost 13 percent in less than 24 hours.

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