Bitcoin Recovery Still in Question Despite Recent Uptick; BTC Price Must Close Above This Level First

2024-1-27 12:51

The price of Bitcoin has shown some signs of recovery after a downward slope since January 11th. The price seemed to meet a local bottom around $38,500 4 days ago and since then has moved up to $41,600.

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Bitcoin Staves Off Drop Under $7,500, Investors Remain Bullish

Bitcoin saw a breathtaking run-up over the past few weeks, with the price of the asset rebounding off lows at $5,800 to a yearly high of $8,500 last week. Many attributed this most recent recovery to a series of positive technicals and fundamental indicators, such as the influx of institutional money, along with a resurgence […] The post Bitcoin Staves Off Drop Under $7,500, Investors Remain Bullish appeared first on Ethereum World News.

2018-8-3 23:31


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Bitcoin Will Flash Dump then Moon, Says Veteran BTC Analyst Willy Woo

Veteran digital currency analyst, Willy Woo, correctly predicted back in late May, that Bitcoin (BTC) would test levels below $6,000 before any signs of recovery would be seen in the markets. Back then, he did not see BTC holding the $7,000 price level and had this to say: I think we are gonna go to […] The post Bitcoin Will Flash Dump then Moon, Says Veteran BTC Analyst Willy Woo appeared first on Ethereum World News.

2018-8-1 17:13


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Bitcoin Price Analysis: How Many Days Can We Trade Sideways?

Decisions by the U.S. Securities and Exchange Commission (SEC) appear to have put a temporary damper on the current Bitcoin rally. Does the quick recovery to $8,250 mean the bull reversal is still intact? Market Overview BTC dipped to $7,900 on the recent denial of the Winklevoss brothers Bitcoin ETF application, and the postponement of Direxion BTC ETF decision by the SEC, but it’s clear that current events were not the sole factor for this Read More The post Bitcoin Price Analysis: How Many Days Can We Trade Sideways? appeared first on Bitcoinist.com.

2018-7-29 14:00