Bitcoin Slips Toward $38K After Rally Fizzles

2022-4-27 21:30

Russia's suspension of gas supplies to Poland appeared to darken the largest cryptocurrency's failed attempt to hold gains above $40K, market analysts say.

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Cегодня L: $0.0001343 - H: $0.0001343
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failed attempt → Результатов: 106


All Eyes are on $26,000 as Bitcoin’s Momentum Shows Signs of Faltering

Bitcoin’s price action as of late has greatly favored bears, with bulls being unable to generate any significant momentum This comes just 24 hours following a failed breakout attempt seen by the cryptocurrency that ultimately resulted in it seeing a massive rejection around $34,500 The selling pressure here indicates that bulls may not have enough present strength to reverse the downtrend that began following the break below $40,000 several weeks back This has created headwinds […]

2021-1-26 21:00


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Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely marks bulls attempt to regain control over the digital asset Analysts are noting that it may be well-positioned to see further upside now that it has confirmed the lower-$11,000 region as […]

2020-8-13 21:00


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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level

After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […]

2020-7-15 02:00


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This Technical Indicator is Signaling Bitcoin Could Soon Reel Towards $5,000

Bitcoin recently faced a rejection at $9,500 that appears to be a grim sign for its macro outlook The cryptocurrency has since reeled back within its long-held trading range between $9,000 and $9,300 How it trends next will likely depend on its reaction to this trading range Because BTC posted a failed breakout attempt, it is likely weaker now than it was during its last bout of prolonged consolidation at its current price levels One […]

2020-7-11 02:00


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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […]

2020-6-8 22:00


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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution

On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto.

2020-4-3 17:10


VeChain Price Analysis VET / USD: Mediocre Recovery

VeChain is testing its 200-period moving on the four-hour time frame for the first time this month The VET / USD pair has so far failed to turn bullish over the short-term The daily time frame shows the formation of a potential double-bottom pattern VeChain is starting to attempt a short-term upside recovery after enduring […] The post VeChain Price Analysis VET / USD: Mediocre Recovery appeared first on Crypto Briefing.

2019-9-18 16:15


Bitcoin Cash Price Analysis BCH / USD: Battling The Resistance

Bitcoin Cash has a bullish short-term bias, with the BCH / USD pair advancing above its 200-period moving average on the four-hour time frame The four-hour time frame depicts a failed attempt to break above an ascending triangle pattern The daily time frame highlights that the BCH / USD pair is trading within a confluence […] The post Bitcoin Cash Price Analysis BCH / USD: Battling The Resistance appeared first on Crypto Briefing.

2019-8-14 16:39