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Analyst Explains Why the Ultimate Resistance Bitcoin Faces Is $11,500
Just a day before the weekly close, Bitcoin saw an explosive breakout as high as $12,200 on Saturday. In classic crypto fashion, the cryptocurrency proceeded to drop by $1,500 in the span of five minutes as sellers rushed in. дальше »
2020-8-5 15:00 | |
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On-Chain Data: Bitcoin Will See Even More Volatility After $1,500 Plunge
Bitcoin has seen low volatility since the Saturday flash crash, during which the leading cryptocurrency fell by $1,500 in the span of five minutes. For the past three days, the asset has ranged between $11,100 and $11,500 for the most part. дальше »
2020-8-5 13:00 | |
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Peter Schiff Still Thinks Bitcoin Is Going to Crash to $0 Despite 20% Surge
Bitcoin has seen an extremely strong performance over the past two weeks, even factoring in the Saturday flash crash that took BTC down $1,500. Despite this rally, Euro Pacific Capital chief executive Peter Schiff still thinks the cryptocurrency is still bearish. дальше »
2020-8-4 13:00 | |
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Analyst Who Predicted Drop to $10,500: Bitcoin Could Plunge Another $1,500
On July 31st, the day Bitcoin pressed past $11,500 for the first time in a year, one cryptocurrency trader predicted a steep retracement. The trader commented in a tweet that while he wasn’t in a trade at the time, he would not mind “getting in a long position from around $10,300 to $10,500.” Few expected […] дальше »
2020-8-3 02:59 | |
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If Bitcoin Consolidates Around $12,000, Expect a “Much Bigger” Rally: CEO
It hasn’t been the best past few hours for Bitcoin bulls. The leading cryptocurrency took a $1,500 price drop in the span of about five minutes, liquidating hundreds of millions worth of long positions as buyers were overextended. дальше »
2020-8-2 13:00 | |
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After Surging 20%, Bitcoin Should Have At Least 2 Legs Higher: Analysis
Bitcoin has continued to erupt higher after failing to break past $11,500 earlier this week. As of this article’s writing, the cryptocurrency is trading at $11,900. The asset is now up approximately 20% in the past seven days. дальше »
2020-8-2 01:00 | |
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Bitcoin's trading intensity is not dead yet
Bitcoin has not looked back since it surged over $10,000 almost a week ago. Trading at close to $11,500 a pop, the cryptocurrency's highest price since September 2019, the market is rife with immense The post Bitcoin's trading intensity is not dead yet appeared first on AMBCrypto. дальше »
2020-8-1 15:30 | |
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Bitcoin Just Broke Past $11,500—and That’s Huge For Bulls
Bitcoin is ripping higher once again. In the past few hours, the leading cryptocurrency has begun to test the year-to-date highs at $11,500. And just minutes ago, BTC reached a local high of $11,700 after an influx of buying pressure. дальше »
2020-8-1 10:02 | |
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Same Technical Signal That Predicted Bitcoin’s 250% 2019 Rally Returns
Bitcoin is up approximately 20% in the past seven days as it pushes $11,400 for the second time in the past week. Bulls are seemingly in control as the cryptocurrency remains above the pivotal $10,500 resistance. дальше »
2020-8-1 07:00 | |
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As Bitcoin Pushes $11,500 Top, Funding Rates Drop: Why This Is Bullish
Earlier this week, Bitcoin topped out at $11,500 — a historically important price point. The leading cryptocurrency proceeded to drop by approximately 7% to $10,600 in the 24 hours that followed the high. дальше »
2020-8-1 02:59 | |
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Bitcoin is Going to Hit $13,500 This Quarter; Analyst Explains Why
Bitcoin may continue its current bull run to hit $13,500 this quarter, according to a technical setup presented by analyst Vince Prince. The TradingView contributor showed the cryptocurrency inside a rising bull flag – an ascending channel pattern, stating it has the strength to break above it. дальше »
2020-7-31 12:09 | |
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Cardano Brings on 500 Stake Pools Day After Shelley Launch
Cardano’s Shelley upgrade has seen fast growth, with hundreds of stake pools joining the network within 24 hours of its July 29 launch. Users can delegate their ADA cryptocurrency holdings... дальше »
2020-7-31 05:05 | |
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Bitcoin Is Overbought Just like Gold, What Does it Mean for New Highs
It was only last week that bitcoin started moving only to break the key levels $10,000 and $10,500. Earlier this week, the largest cryptocurrency went as high as $11,400 and since then has been hovering around $11k. дальше »
2020-7-30 15:46 | |
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Bitcoin Exposed to Correction on Easing Risk Sentiment; Here’s Why
Bitcoin plunged by more than 4 percent following its explosive upside move towards $11,500 on Monday. The cryptocurrency’s uptrend also steadied on easing risk sentiment following the Federal Reserve’s two-day policy meeting. дальше »
2020-7-30 09:34 | |
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Trader: Bitcoin Could Be Forming a Massive “Bull Trap” as Bearish Signs Emerge
Bitcoin is currently flashing overt signs of strength as it consolidates above $11,000 Bears attempted to catalyze a selloff yesterday, but the previous resistance at $10,500 now has flipped into a strong support level Analysts are widely noting that the cryptocurrency is positioned to see further upside However, one trader is cautioning against premature euphoria He notes that there are a few signals that indicate this movement could be a massive “bull trap” that ends […] дальше »
2020-7-30 02:00 | |
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The Last Time This Indicator Flashed, Bitcoin Surged to $14k. It Just Flashed Again
Bitcoin’s price has been steady within the lower-$11,000 region, which seems to indicate that it is coiling up to make another push higher in the near-term. Overnight, the benchmark cryptocurrency did face some turbulence when bears pushed it as low as $10,500, but the support here proved to be significant. Analysts are now claiming that […] дальше »
2020-7-29 02:00 | |
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Here’s What Surging Crypto Market “Greed” Could Say About Today’s Drop
Yesterday, Bitcoin broke up through resistance at $10,500 and in short order, rocketed another $1000 to a high of $11,419 on Coinbase Pro. Just as fast as the cryptocurrency itself climbed, the crypto market fear and greed index spiked to “extreme greed. дальше »
2020-7-29 23:00 | |
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These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k
Bitcoin has extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. дальше »
2020-7-28 13:00 | |
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Troubling Signs: Why One Analyst is Concerned About Bitcoin’s Latest Rally
Bitcoin has been caught within the throes of an intense uptrend throughout the past several days and weeks This has allowed it to post notable gains, despite previously showing signs of weakness as it consolidated at the lower end of its macro trading range The cryptocurrency has now shattered its high time frame resistance at $10,500 One analyst is cautioning investors against growing too bullish when it comes to this latest upswing He is noting […] дальше »
2020-7-28 02:00 | |
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Bitcoin Just Broke a Descending Trendline from 2017; Is the Bull Market Here?
It has been a wild 24-hours for Bitcoin and the aggregated cryptocurrency market Following a long-held bout of consolidation, the benchmark digital asset is now breaking out and appears to be aiming for a test of its yearly high at $10,500 BTC’s latest break above $10,000 is different from those seen previously and has so far proven to be far more sustainable Analysts are now noting that this movement has also allowed Bitcoin to shatter […] дальше »
2020-7-28 21:00 | |
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Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally
Bitcoin and the entire cryptocurrency market witnessed an intense upswing overnight, with BTC and Ethereum outshining altcoins for the first time in many weeks This sharp upwards movement came about suddenly, and for a brief moment allowed Bitcoin to shatter the resistance it previously faced at $10,000 The selling pressure above this level was heavy, however, and caused the cryptocurrency’s price to decline after it hit highs of $10,200 Despite the rejection here, analysts are […] дальше »
2020-7-27 19:00 | |
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Here’s the Level Bitcoin Needs to Break to See a “Textbook Swing” to $10,500
Bitcoin’s price action in the time following its break above its multi-week trading range between $9,100 and $9,300 has been quite positive. The cryptocurrency is now starting to stabilize around $9,600, and buyers are slowly pushing through the key resistance levels that have been suppressing its price action. дальше »
2020-7-26 21:00 | |
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This Technical Sequence Could Propel Bitcoin to Fresh All-Time Highs
Bitcoin is flashing signs of overt strength at the present moment as it trades above $9,500 This marks the first time in many weeks that the cryptocurrency has been able to post a sustained movement higher Analysts are now closely watching whether or not it can surmount the resistance laced within the upper-$9,000 region It is important to note that the selling pressure here is quite significant This region also coincides with some crucial technical […] дальше »
2020-7-25 02:00 | |
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Here’s How Low Bitcoin May Drop Before It Can Rally Even Higher
To the surprise of some investors, Bitcoin has been able to find some relative stability above $9,500 The cryptocurrency has now been trading above this level for over a day, and bears have not been able to catalyze any type of sharp selloff It now appears that BTC may need to see a pullback before it can push any higher, as buyers seem to be losing their momentum One analyst is closely watching one crucial […] дальше »
2020-7-25 21:00 | |
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Bitcoin's stable price does not mean profits are absent
Even with Bitcoin's mid-week push above $9,500, the larger trend of stability has held strong. Prior to this push the largest cryptocurrency in the market had traded within a $500 margin for over a moThe post Bitcoin's stable price does not mean profits are absent appeared first on AMBCrypto. дальше »
2020-7-24 20:00 | |
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S&P 500 Prints Signal Seen Before March’s Crash: Will Bitcoin Suffer?
Bitcoin’s price action has become increasingly dependent on that of the S&P 500 over recent months. The correlation is so strong that it has been observed by analysts who do not actively watch the cryptocurrency space, such as a team at JP Morgan. дальше »
2020-7-24 13:00 | |
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Experts’ Take On What Comes Next After Bitcoin Speedily Soars To $9,500
The bitcoin price movement for the month of July has birthed plenty of bearish narratives and going forward, the leading cryptocurrency will need to outperform to at least stay afloat and remain above the $9000 mark or Bitcoin could suffer a severe dip below the $8,000 mark, at which point the bulls will need to […] дальше »
2020-7-23 10:59 | |
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A 4-Month High Bitcoin-Gold Correlation Hints at a Bullish Market Sentiment
The correlation between Bitcoin and its traditional rival Gold reached a four-month high on July 22. At the same time, the cryptocurrency’s correlation with the S&P 500 index plunged to its one-month low. дальше »
2020-7-23 07:53 | |
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Binance Now Allows to Short the DeFi Token That Is Up 3,500% YTD, With 50x Leverage
Are you surprised? Many aren’t! Binance Futures is all set to make the most out of the ongoing DeFi craze. It doesn’t matter whether the price of a digital asset goes up or down, cryptocurrency exchanges roll in cash either way. дальше »
2020-7-22 18:41 | |
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Bitcoin Shows Signs of Life as it Rallies Past $9,400; What Analysts Expect Next
After consolidating between $9,100 and $9,300, Bitcoin is starting to show some signs of life as its price rallies past $9,400 The ongoing uptrend comes after an extended bout of the cryptocurrency losing its trading volume and momentum due to the uptrends seen amongst many altcoins This latest surge may temporarily change the crypto’s trend, but one top trader is noting that he is planning to short BTC’s high time frame resistance at $9,500 Bitcoin’s […] дальше »
2020-7-22 21:00 | |
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2 Major Reasons Why Bitcoin Risks Falling Towards $8,500
A prolonged period of low volatility is setting Bitcoin towards a big price move. The short-term bias for the cryptocurrency remains neutral as it trades inside a $300 trading range. Nevertheless, three separate technical indicators put Bitcoin at the risk of breaking lower towards $8,500. дальше »
2020-7-17 14:00 | |
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Booming DeFi Craze Decouples Bitcoin From Stock Market
The last 48 hours of trading have witnessed Bitcoin decoupling from the US stock market. The cryptocurrency traded sideways with a bias modestly shifted towards bears. On the other hand, the S&P 500 moved in the opposite direction. дальше »
2020-7-16 08:08 | |
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A Panel of Experts See Bitcoin Averaging $12,948 by Year End
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price predicted in the April […] The post A Panel of Experts See Bitcoin Averaging $12,948 by Year End appeared first on Bitcoin News. дальше »
2020-7-15 00:30 | |
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A Weaker US Dollar Prediction Offsets Bitcoin Bearish Bias for Q3/2020
Bitcoin eyes a significant plunge entering further into the third quarter as S&P 500 stocks unveil a 45 percent drop in quarterly profits. The correlation between the cryptocurrency and the US benchmark index last week hit a record high. дальше »
2020-7-15 08:34 | |
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There’s Heavy On-Chain Support, Even If the Bitcoin Price Falls 10%
It seems that many crypto traders are preparing for an imminent pullback in the price of Bitcoin. The cryptocurrency once again sustained a rejection at $9,500, which quickly deflated the expectations of a bullish breakout. дальше »
2020-7-12 13:00 | |
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A Technical Cross That Sent Bitcoin 60% Lower Is Close to Forming
Save for the rejection at $9,500, Bitcoin has held up rather well on a macro scale over the past few days. As of the time of this article’s writing, the leading cryptocurrency sits at $9,200, holding the support in the $8,500-9,000 region. дальше »
2020-7-12 07:00 | |
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Bitcoin's recovery didn't pump volume and that's okay
In Q2 of 2020, Bitcoin rose from $5,500 to over $9,500, with brief skirmishes over $10,000. And yet, trading volume on cryptocurrency exchanges saw a net quarterly decrease. On looking at the high-staThe post Bitcoin's recovery didn't pump volume and that's okay appeared first on AMBCrypto. дальше »
2020-7-11 16:00 | |
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Unless Bitcoin Breaks Through These 2 Levels, a Crash to $7,000 Is “Logical”
After attempting to rally through $9,500 this week, Bitcoin failed to sustain its bullish momentum yet again. As of this article’s writing, the leading cryptocurrency trades for $9,200, having sustained somewhat of a pullback. дальше »
2020-7-11 07:00 | |
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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 […] дальше »
2020-7-11 02:00 | |
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Once-a-Cycle Bitcoin Bull Signal Just Appeared for the 1st Time Since 2016
Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market. After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June. дальше »
2020-7-11 13:00 | |
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How Bitcoin Outperformed Both the S&P 500 and Nasdaq in First Half 2020
Despite major setbacks from the Black Thursday market collapse, the cryptocurrency market and Bitcoin had a strong H1 close. The leading crypto asset by market cap also beat the best performing stock market index by nearly double. дальше »
2020-7-9 18:00 | |
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These Five Technical Signs Show Bitcoin Is on the Verge of Testing $10,500
Bitcoin has continued to push higher after a weekend dip. As of this article’s writing, the leading cryptocurrency trades for $9,450, a few basis points below the local high of $9,480. The cryptocurrency is still waiting to surmount the crucial $9,500 level. дальше »
2020-7-9 03:00 | |
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Wall Street “Fear” Indicator Puts Bitcoin Under Extreme Downside Risks
Bitcoin has rallied by more than 150 percent from its mid-March nadir, but its growing exposure to a similarly booming US stock market remains worrisome. The cryptocurrency risks paring a portion of its recent gains as macro analysts warn about a downside move in the S&P 500 ahead. дальше »
2020-7-9 11:53 | |
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Bitcoin’s Chart Is Looking More and More Like February’s $10,500 Top
There’s no doubt that Bitcoin’s price action has been weird over recent weeks. As the S&P 500 has entered a range, so too has the cryptocurrency. In the past week, BTC has literally traded in a 5% range. дальше »
2020-7-5 01:00 | |
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Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. дальше »
2020-7-5 19:30 | |
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Bitcoin Indicator That Predicted March’s 60% Drop Is Bearish Again
Bitcoin is seemingly stuck in no man’s land. As this outlet has covered extensively, the cryptocurrency has been caught between a crucial support and a crucial resistance; every time BTC attempts to break past $8,500 or $10,000, it is rejected. дальше »
2020-7-3 04:00 | |
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If the S&P 500 Passes 3,200, Then Bitcoin Can Retake $9,500: Analyst
If you’ve followed Bitcoin analysts over recent weeks, you likely know of the importance of $9,500 to the cryptocurrency. As the chart below indicates, $9,500 has been a crucial price point for Bitcoin over the past two months. дальше »
2020-7-3 04:00 | |
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Bitcoin Price Dullness Reflects in Difficulty that Records its Lowest Drop since 2010
For the past two months, the price of bitcoin has been stuck in a range of $8,500 and $10,000. The leading cryptocurrency has been boring for some weeks now, with ‘real’ volume at extremely low levels, going below $1 billion. дальше »
2020-7-3 19:30 | |
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“Perfect Storm” of Technicals Indicates Bitcoin May Plunge After Hitting $9,500
After holding the low-$9,000s for days on end, Bitcoin has attempted to break out over recent hours. The cryptocurrency trades at $9,250 as of the time of this article’s writing, having established a local peak at $9,300. дальше »
2020-7-2 06:19 | |
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The Last Time This Metric Was This Low, Bitcoin Bottomed at $3,200
The past two months have been a confusing time for Bitcoin investors. The cryptocurrency has traded between a rock and a hard place, barely deviating from the range lows of $8,500 and the highs of $10,000. дальше »
2020-7-2 03:00 | |
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