Bitcoin price prediction: downside risk grows amid Trump-Powell clash

Bitcoin price is at a pivotal technical level as political tension between Trump and Fed Chair Powell adds macro uncertainty, increasing the risk of a downside break.

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Bitcoin Price Dips Further, Setting Up a High-Stakes Support Moment

Bitcoin price started a downside correction from $94,500. BTC is now struggling and might dip toward the key support at $89,000. Bitcoin started a downside correction and traded below the $92,000 zone.

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Expert Reveals Bitcoin Likely to Tumble $50,000 Before Market Fully Bottoms

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JPMorgan sees limited downside for Bitcoin, upside potential toward $170,000

JPMorgan sets Bitcoin’s support price near $94K, citing rising mining costs. Analysts project Bitcoin could climb to $170K based on gold market parity. Bitcoin’s downside seen as limited after network difficulty raises production cost.

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Will Bitcoin continue crashing, what's the source of its latest downside

The Bitcoin [BTC] narrative that has prevailed in the last few weeks is that it was still trading at a discount between the $20,000-$22,000 price range. Despite this, it still experienced a lot of selThe post Will Bitcoin continue crashing, what's the source of its latest downside appeared first on AMBCrypto.

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Will Bitcoin continue crashing; what's the source of its latest downside

The Bitcoin [BTC] narrative that has prevailed in the last few weeks is that it was still trading at a discount between the $20,000-$22,000 price range. Despite this, it still experienced a lot of selThe post Will Bitcoin continue crashing; what's the source of its latest downside appeared first on AMBCrypto.

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Bitcoin Rejects Downside At $29k, Here’s Why This Is Good

Today’s Bitcoin price analysis is positive, as a dip to $29,000 was met with solid support and rejection, indicating that additional downside is unlikely. As a result, BTC/USD is expected to rise further in the next days, most likely above the $31,000 resistance level.

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Bitcoin Dips From Highs, What Could Trigger Fresh Increase

Bitcoin price started a downside correction from the $68,500 zone against the US Dollar. BTC might start a fresh increase unless there is a break below $64,000. Bitcoin started a downside correction below the $68,000 and $67,000 levels.

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TA: Bitcoin Corrects To $35K, Why BTC Could Start A Fresh Increase

Bitcoin price started a downside correction after it broke $39,000 against the US Dollar. BTC tested the key $35,000 support and it is currently consolidating losses. Bitcoin started a downside correction below the $39,000 and $38,000 support levels.

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Investing in Bitcoin might mean increased downside risk

Bitcoin's dramatic fall in the month of March elated many who were critical of the king coin's store-of-value and safe-haven characteristics. In fact, a recent paper highlighted the same, while also sThe post Investing in Bitcoin might mean increased downside risk appeared first on AMBCrypto.

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Bitcoin Braces for Turbulent Week Ahead: Three Reasons Why

Bitcoin fell 0. 31 percent in the early Monday session. The cryptocurrency’s plunge followed a similar downside move in the S&P 500, validating its growing correlation with the U. S. index.

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Coin swap may increase Bitcoin's privacy, but here's the downside

Bitcoin has come a long way since its inception. While there are concerns regarding Bitcoin having strayed away from its original ideals, in comparison to traditional forms of finance, cryptocurrencieThe post Coin swap may increase Bitcoin's privacy, but here's the downside appeared first on AMBCrypto.

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More Downside in Bitcoin Before Conservative Buying Opportunity, Say Analysts

Bitcoin appears to be looking at a little more downside before it becomes a reasonable buy again, according to a pair of crypto industry commentators. Having recently rebounded from what most traders are considering the ultimate bottom of the 2018 bear market, we could be looking at a further drop then sideways trading for a.

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Bitcoin Price (BTC) Downside Thrust Underway Before Fresh Rise

Bitcoin price is currently declining after it failed to surpass the $8,400 resistance against the US Dollar. The price is trading near the $8,000 support level, with a minor bearish angle. There is a key declining channel forming with resistance near the $8,260 level on the hourly chart of the BTC/USD pair (data feed from.

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Bitcoin Price Tanks Below $8000 in Another Market Bloodbath

Coinspeaker Bitcoin Price Tanks Below $8000 in Another Market BloodbathBitcoin price fails to hold the $8000 level support and slips below as the mounting selling pressure hint towards further downside ahead in the short term.

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Yes, BitMEX Liquidations Caused Bitcoin Price to Crash; Here’s How

Liquidity decline caused by BitMEX’s exchange policy is the main reason behind the latest bitcoin (BTC) price crash, latest analysis suggests.   The bitcoin market bloodbath has continued today, with BTC testing the $7750 support a few hours back.

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Brazil’s Securities and Exchange Commission suspends broker offering Bitcoin options

With every passing day, cryptocurrencies are being widely included in the business offerings of firms, offerings based on the fact that many prospective individuals are growing more inclined towards digital assets.

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Bitcoin Price (BTC) Sighting Next Downside Break Below $8.2K

Bitcoin price is consolidating yesterday’s losses above the $8,200 support against the US Dollar. The price is clearly trading with a bearish bias and remains at a risk of more losses below $8,000.

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Bitcoin Price Analysis: Macro Support Gives Way During Strong Sell Off

Bitcoin’s long-held support at $9,750 gave way on September 24, 2019 in a swift and violent 15 percent move to the downside. The post Bitcoin Price Analysis: Macro Support Gives Way During Strong Sell Off appeared first on Bitcoin Magazine.

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Crazy Premiums Appear On Crypto Exchanges During Bitcoin Price Crash

Today’s massive bitcoin price crash was largely expected by analysts. The bearish descending triangle formation was bound to break out to the downside so it has been no real surprise. What the move has revealed however is huge price discrepancies between various crypto exchanges.

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Bitcoin drops 15%, indicators show potential for decline to $6,500

In the last three hours, the BTC price dropped 15 percent breaking out to the downside of a technical pattern that predicts a further decline to $6,500. The drop coincides with a Bitcoin hashrate drop of over 30 percent and a ruling on the Bitfinex Tether investigation.

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Bitcoin Looks South After Price Squeeze Ends With Drop to $9.6K

Bitcoin's low-volatility price squeeze has ended with a downside break. The cryptocurrency may now drop toward $9,320 in the short term.

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Bitcoin Price Loses $500 in Minutes to Plunge Under $10K

Coinspeaker Bitcoin Price Loses $500 in Minutes to Plunge Under $10KMany commentators predicted a downside Bitcoin move and they seem to have been correct all along as BTC price lost 5% in an hour.

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Bitcoin Dumps 5% In An Hour As Predicted Slide Begins

Following a week of consolidation in an ever tightening channel Bitcoin finally made its move today. Many had been predicting it would be to the downside and they were correct as the king of crypto slumped 5% in an hour plunging back into the mid-$9,000 zone.

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Bitcoin Price to Surge After Crossing $10,700: Analyst

Bitcoin price inched lower on Tuesday as investors waited for the outcome of the Federal Reserve’s two-day meeting on monetary policy. The benchmark cryptocurrency slipped by $44. 70, or 0.

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Bitcoin Down as Saudi Attack Raises Fears of Economic Crisis

Bitcoin was trading in negative territory on Tuesday as attacks on Saudi Arabia’s crude oil processing facilities weighed on the global economy. The benchmark cryptocurrency dwindled by $74.

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Bitcoin (BTC) Price Weekly Forecast: Slow And Steady Increase Likely

There was a downside correction from the $10,954 swing high in bitcoin price against the US Dollar. The price is holding the $10,000 support and it could bounce back in the near term. There is a major bullish trend line forming with support near $10,140 on the 4-hours chart of the BTC/USD pair (data feed.

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Bitcoin Price (BTC) At Risk Of Downside Break Below $10,200

Bitcoin price is under pressure and it recently declined below the $10,500 support against the US Dollar. The price is struggling to climb higher and is approaching the $10,200 support area. There is a key bearish trend line forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin (BTC) Price Weekly Forecast: Downside Thrust Before Fresh Rise?

There was a steady rise in bitcoin price above the $10,500 resistance against the US Dollar. The price is currently correcting lower after it traded to a new monthly high close to $11,000. There is a key bullish trend line forming with support near $10,200 on the 4-hours chart of the BTC/USD pair (data feed.

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Bitcoin Price Analysis: Breakout to $11,000 Looming

Bitcoin has been trading around $10,500 for the last few days as price levels begin to form rising support. The question remains as to whether enough volume will enter Bitcoin in order for price levels to break up-wards through key resistance at $11,00o.

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Bitcoin (BTC) Price Recovery Won’t Be Easy Above $10,400

Bitcoin price is following a negative angle and is trading well below $10,200 against the US Dollar. The price is likely setting up for a downside break below the $10,000 support area. Yesterday’s highlighted rising channel or a bearish flag is intact with support near $10,050 on the hourly chart of the BTC/USD pair (data.

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Crypto Market & Bitcoin Extending Losses: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap is following a bearish path below the $265. 0B and $270. 0B resistances. Bitcoin price failed to break the $10,500 resistance and is currently under a lot pressure. Litecoin (LTC) price is trading with a bearish bias below the $75.

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Ripple Price (XRP) At Risk Of Downside Break, Eyes $0.2500

Ripple price is struggling to climb higher above the $0. 2750 and $0. 2800 resistances against the US dollar. Bitcoin price failed to climb above the key $10,500 resistance level and declined recently.

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Bitcoin Unlikely to Plummet By Another 30%, Declares Analyst

As Bitcoin bulls have failed to maintain the momentum seen from April to late-June, fear has started to grip the cryptocurrency market. Related Reading: Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside Analysts are starting to suspect that BTC has further downside, despite the fact that it has already collapsed 35% from.

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Bitcoin (BTC) Price Weekly Forecast: Remains Sell Until This Changes

There was a downside extension in bitcoin price below the $10,000 support against the US Dollar. The price is currently consolidating and is facing many hurdles on the upside near $10,400. There is a crucial bearish trend line forming with resistance near $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

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Chainlink, Bitcoin SV and Monero Price Prediction and Analysis for August 22nd: LINK, BSV, and XMR

Chainlink Price Analysis (LINK/USD) Yesterday decline continues today as the market of LINK/USD pair records a down surge.   LINK seemed to have succumbed to the selling pressure that has formed a strong bearish trend line over the last 24hrs.

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Crypto Market & Bitcoin Remain Supported: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap failed to surpass the key $280. 0 resistance area. Bitcoin price started a downside correction and traded below the $10,800 support. Litecoin (LTC) price is struggling to correct higher and is testing the $75.

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Ethereum Price (ETH) Approaching Next Break While Bitcoin Is Correcting

ETH price started a downside correction after testing the $202 resistance area against the US Dollar. The price is currently trading below $198 and is trading near the $194 support area. This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed via Kraken).

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Don’t Trade Bitcoin, TexasWest Capital Analyst Tells Investors

The recent sell-off in the bitcoin market has brought the price down by more than 15 percent in just five days. The downside action has appeared against the backdrop of a dwindling global economy, shaking the beliefs of many who consider bitcoin as a safe-haven asset against gloomy macroeconomic sentiments.

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Bitcoin Price Analysis: BTC Breaks $11,000 Support

Over the last 48 hours, Bitcoin price has broken support at $11,000 mentioned in my previous analysis and has since dropped back to support around $10,100. High selling volume indicates further downside over the coming days.

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After Bullish Weekly Bitcoin Price Close, Bearish Factors Force Downside Targets

Last night saw the weekly close in Bitcoin price charts. All eyes were on the important weekly close, as Bitcoin price hovered right around weekly resistance that has kept Bitcoin in a downtrend since the start of 2018 – a downtrend that the leading crypto asset is very close to finally breaking out of for.

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Crypto Market And Bitcoin Could Correct Further: BCH, BSV, BNB, ADA Analysis

The total crypto market cap started a downside correction from the $315. 0B swing high. Bitcoin price declined below $11,500 and tested the $11,200 support area. BCH price is gaining momentum and it is currently trading above the $330 resistance.

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Crypto Market Cap & Bitcoin Holding Uptrend: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap corrected lower after a solid run towards $215. 0B. Bitcoin price is currently trading above the $11,500 support after a strong downside correction. Litecoin (LTC) price is now trading below the $95.

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Bitcoin Cash Price Analysis BCH / USD: Lifting Itself Up

Bitcoin Cash has a neutral short-term bias, with the BCH / USD pair trading towards its key 200-period moving average on the four-hour time frame The bearish head and shoulders pattern on the four-hour time frame has now reached its full downside projection The daily time frame continues to show the BCH / USD pair […] The post Bitcoin Cash Price Analysis BCH / USD: Lifting Itself Up appeared first on Crypto Briefing.

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Bitcoin Eyeing Deep Downside Correction Below $7k: Analyst

Bitcoin is one step away from testing $6,700 as support, according to prominent analyst DonAlt. The crypto trader on Monday measured the current bitcoin bias on a three-day timeframe, believing it gave better clarity about the cryptocurrency’s expected price behavior.

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Bitcoin Price Prediction: Long-term (BTC) Value Forecast – July 27

The BTC price was depreciated by 12. 55% of its capitalization in July 2019. On the downside, if the price continues its fall and the $9,000 price level is broken, the coin will further depreciate to the low of $8,000 price level.

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Bitcoin Above $10,000 But Downside Risks Remain: Analyst

Bitcoin has close above the $10,000-level in its interim upside correction, but that does not guarantee an explosive price rally. Noted market analyst Josh Rager said on Thursday that bitcoin could continue trending upwards until it hits $10,854.

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Bitcoin Cash Price Analysis BCH / USD: Clutching At Straws

Bitcoin Cash has a bearish short-term bias, with the BCH / USD pair still trading below its key 200-period moving average on the four-hour time frame The bearish head and shoulders pattern on the four-hour time frame has yet to reach its full downside projection The daily time frame shows that Bitcoin Cash has performed […] The post Bitcoin Cash Price Analysis BCH / USD: Clutching At Straws appeared first on Crypto Briefing.

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Bitcoin Tumbles while Gold Steady as China Data Shows Growth

The bitcoin price on Monday slipped below the $10,000 level as benchmark China data eased concerns about gloomy monetary outlook. The spot bitcoin rate was down 3. 2 percent at $9,857. 27 as of 02:15 UTC.

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