2018-7-17 22:15 |
Bitcoin is inching its way closer to the $7000 dollar range, but there are key technical hurdles in its way to greener pastures. origin »
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For the past week or so, the cryptocurrency market was plummeting – forcing many to feel very instable about the market. After such hurdles, the market appears to be fully green in the last six hours or so.
2018-7-5 02:12 | |
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Bitcoin is about to see a key bullish cross of two moving averages the first time in nearly four years.
Bitcoin's three-day price consolidation looks to be a bull breather before a continuation of the recent rally to above $4,000.
With bitcoin showing resilience to negative news flow, a strong bullish move is looking increasingly likely.
Bitcoin has reported losses in January for the last four years, and a fifth now looks on the cards.
After breaching key support on Sunday, emboldened bears could soon push bitcoin prices back towards $3,100.
Bitcoin’s price saw its biggest drop for seven weeks on Thursday, weakening the prospects of a bullish breakout above $4,100.
Bitcoin is losing altitude as an unwinding of bullish bets is creating downward pressure on prices.