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Here’s Why Bitcoin May Not Fall Much Lower Than $11,000: Analyst Explains
While Bitcoin has bounced from the local lows of $11,400, the asset remains below some crucial resistance levels. This has led some analysts to suggest that BTC is still poised to correct lower. Many analysts are eyeing $10,500, as that’s where the cryptocurrency truly began the rally $12,000. дальше »
2020-8-25 15:00 | |
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Crypto Tidbits: Dave Portnoy Drops Bitcoin, Tether Supports Ethereum’s OMG Network, DeFi Still Hot
Another week, another round of Crypto Tidbits. It’s been quite a week for the Bitcoin market. In the past seven days, the leading digital asset has traded at both $12,500 and $11,400, facing volatility due to crypto market trends and the macroeconomic trends. дальше »
2020-8-22 08:01 | |
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Ethereum Options OI Approaches $500m; Here’s What the Market is Saying About ETH
The Ethereum options market is seeing massive growth as of late, with the total open interest now rapidly approaching $500 million. The vast majority of this open interest still resides within Deribit, with the popular trading platform currently dominating the crypto-options market. дальше »
2020-8-21 05:00 | |
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Despite $500 “Bart” Pattern, Analysts Are Still Bullish on Bitcoin
Bitcoin surged past $12,000 on Monday morning, rallying as certain altcoins plunged. The move brought the cryptocurrency as high as $12,100. Just as fast as BTC rallied, though, it dropped. Just hours after $12,000 was tapped, Bitcoin plunged around $500 in the span of an hour, forming a “Bart” formation. дальше »
2020-8-11 15:00 | |
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Bitcoin Is Still Facing Down a Critical Resistance After Exploding 20% Higher
Bitcoin is rallying once again, pushing to $11,700 as of this article’s writing. Analysts say that the cryptocurrency must hold above $11,500 by the time of the weekly close on Sunday evening to confirm more upside. дальше »
2020-8-6 15:00 | |
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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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Bitcoin breaks $11,500 as sentiment metrics show it’s still undervalued
The DeFi-induced bullrun has arguably pushed the crypto market upwards the past week, with Bitcoin, Ethereum, and other major cryptocurrencies giving gains of over 10-15 percent to investors. The post Bitcoin breaks $11,500 as sentiment metrics show it’s still undervalued appeared first on CryptoSlate. дальше »
2020-8-1 09:44 | |
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Conservative Analysis Says Bitcoin Still in “Consolidation” Despite 20% Rally
Bitcoin has seen extremely strong performance over recent days, rallying 20% over the past seven days. As of this article’s writing, BTC trades at $11,250, slightly below the local high of $11,500 and above the Tuesday low of $10,600. дальше »
2020-7-30 13:00 | |
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“Don’t Get Left Behind”: Bitcoin Forms Signal Seen Before 2017’s 2,000% Rally
It’s been an explosive past few days for the Bitcoin market. Even after a slight correction from the $11,500 highs, the asset remains up nearly 20% in the past seven days alone. Some analysts are still pricing in a correction, arguing that bulls are overextended here. дальше »
2020-7-29 02:59 | |
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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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These 3 Cryptocurrencies Could Still Touch $500 Before End Of Year
In late 2017 and early 2018, a number of altcoins followed Bitcoin into the four-digit price zone. The market performance of such coins was not much surprising looking at the efforts of their respective teams and the functional use that gives them meaningful valuation. дальше »
2020-7-24 18:27 | |
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Fed Nominee Judy Shelton is Pro-Crypto & Could Push Bitcoin Past $10,000
Yesterday, after a long time, Bitcoin finally made some moves at a time when everything from stocks, gold, and silver is surging to new highs. However, we are still stuck below $9,500, and $10,000 is still not a reality. дальше »
2020-7-22 19:47 | |
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Tesla Stock Down 3%, Does TSLA Need to Drop by $1,000 to Be Good Buy?
Coinspeaker Tesla Stock Down 3%, Does TSLA Need to Drop by $1,000 to Be Good Buy? Tesla (TSLA) stock price is down today. But it is still very close to $1,500. Is the stock a good buy now or maybe it needs to drop by at least $1,000 to attract investors?Tesla Stock Down 3%, Does TSLA Need to Drop by $1,000 to Be Good Buy? дальше »
2020-7-17 19:38 | |
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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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Bitcoin Is Still Correlated to the Stock Market
The Bitcoin (BTC) price and the S&P500 (SPX) are highly correlated with each other, particularly during decisive trends. Long-Term Movement The S&P 500 price is currently trading at $3,058, rangebound between the closest support and resistance levels at $2,950 and $3,230, respectively. дальше »
2020-7-1 22:00 | |
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Cardano, EOS, DigiByte Price Analysis: 26 June
Once again, it would seem that the cryptocurrency market has simmered down, with Bitcoin, the world's largest cryptocurrency by market cap, still stuck between the $9,500 and $9,000 levels. SourceThe post Cardano, EOS, DigiByte Price Analysis: 26 June appeared first on AMBCrypto. дальше »
2020-6-26 12:45 | |
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This Technical Factor Suggests Bitcoin Will Soon See Explosive Volatility
Bitcoin’s bulls are currently engaged in an intense battle to break above the heavy resistance the cryptocurrency faces at $9,500. The selling pressure seen here has been enough to stop the benchmark digital asset from seeing any type of intense uptrend, but it still remains a possibility that this level is shattered in the near-term. […] дальше »
2020-6-23 00:00 | |
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Bitcoin Pops Up on More QE But No Reason to be Overly Bullish Yet
After falling below $9,000, Bitcoin is back to hovering around $9,500. The leading cryptocurrency has been trading in this range since early May and continues still but on low volume. The Commitment of Traders (COT) report doesn’t paint a good picture with CME Dealers net short, the bias actually increased by 35% last week, the […] дальше »
2020-6-17 18:17 | |
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Top traders still share the same bullish sentiment, maximizing profits with leverage
After staying above $10,000 for less than a day, bitcoin price failed to breach the $10,500 for the third time in the last eight months. Almost 8% of value was evaporated, resulting in forced liquidation of over $230 million on long and short positions on BitMEX. дальше »
2020-6-10 10:25 | |
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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst
The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend. дальше »
2020-6-10 15:00 | |
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Despite $1,500 Crash, Charts Show the Bitcoin Uptrend Is Still “Intact”
Just 24 hours ago, Bitcoin surged above $10,000 for the first time in weeks in a move that shocked the market. During the rally, over $100 million worth of short positions were liquidated as the asset jumped nearly $1,000 higher within an hour. дальше »
2020-6-3 04:04 | |
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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500
Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »
2020-6-3 21:00 | |
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Restored Falling Wedge Pattern Sees Bitcoin Rising above $11,500
It appears Bitcoin missed a medium-term upside target above $11,500 after undergoing a significant sell-off in March 2020. The major northward move had appeared out of a Falling Wedge breakout. Bitcoin reentered the Wedge after the crash and followed it with a breakout towards a new bull target near $9,500. The cryptocurrency is still eyeing... дальше »
2020-6-1 16:00 | |
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Bitcoin (BTC) Price Analysis (May 13)
Key Highlights • BCT/USD market still swings in ranges of $9,000 and $8,500 values.• A violent breakout of the $9,000 line will lead to having a good entry for long positions.• Sellers may as well be taking the market advantage from that point if bulls persistently have to encounter tough-areas around the same line earlier […] дальше »
2020-5-13 10:10 | |
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With few blocks away from Halving, here’s how Bitcoin has been performing so far today
Today has been extremely volatile for Bitcoin breaking above $9,000 just to crash in the next few hours. We are seeing a 1% price move on 1-minute candlesticks all the time. However, even after such high volatility Bitcoin is still trading around $8,500, the midpoint between $9,200 and $8,000 basically. Looking at the 1-hour chart, […] дальше »
2020-5-12 22:00 | |
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CME Open Interest Makes a New ATH while BitMEX Gets Rekt, What’s Next for Bitcoin?
Bitcoin’s price has reiterated a bit to $9,500 but is still looking extremely strong, recording eight weeks of price gains in a row not seen since early 2017. It needs to be seen if the price can push above the resistance level around $10,500 with halving next week. дальше »
2020-5-10 19:30 | |
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Bitcoin’s Order Book Is Stacked With Bids: Here’s What That Means for BTC
Bitcoin has seen an influx of buying pressure over the past few weeks. This much has been made clear from the cryptocurrency’s 130%+ recovery from the lows. While BTC has stalled since reaching $9,500 last week, data indicates that there is still market demand for crypto. дальше »
2020-5-7 04:00 | |
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Bitcoin (BTC) Trims Gains but Investors Still Eyeing $9,500 and $10,000 before Halving
Bitcoin spiked over $1,000 to hit a high of $9,455 against the U. S. dollar but has corrected lower in early Asian trading hours. · The intraday price surge was BTC’s best 24-hour move in the past two months. дальше »
2020-5-2 13:12 | |
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Crazy bullish for Bitcoin: Federal Reserve still intends to spend trillions on the economy
Despite the roaring recovery in the S&P 500 (and Bitcoin for that matter), many facets of the global economy remain in recession, with dozens of millions unemployed, consumer spending down, and a global supply chain that has come to a screeching halt. дальше »
2020-5-1 08:26 | |
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Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week
Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […] The post Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week appeared first on CryptoSlate. дальше »
2020-4-28 17:00 | |
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Bitcoin ATMs Hit 7,500 Across the Globe Amid Covid-19 Pandemic
The Bitcoin (BTC) ATM industry has seen a 70% boom since 2019, with the total number of Bitcoin ATMs installed in various regions around the globe now standing at a massive 7,500. Despite the current regulatory bottlenecks surrounding the cryptocurrency, the United States still dominates the industry, with 5,422 functional Bitcoin ATMs, reports Decrypt onRead MoreRead More. дальше »
2020-4-22 19:00 | |
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Bitcoin Bull Market Won’t be Happening Immediately After the Halving: Bitmain CEO
Bitcoin is currently trading above $6,300, still down over 14% on a year-to-date basis but up more than 60% from the 2020 low of $3,850. Since mid-February, when BTC/USD went to $10,500, the world’s leading cryptocurrency has been on a downtrend, acting like a risk-on asset just like the stock market as COVID-19 cases continue […] дальше »
2020-3-30 17:34 | |
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Galaxy Digital’s Novogratz Remains Bullish as Ever on BTC: “This is the Time for Bitcoin”
The price of Bitcoin has surged 74% from the low the digital currency put on March 12. However, we are still down 36% from 2020 high of about $10,500. But according to billionaire investor Mike Novogratz instead of panicking, this should be taken as a buy the dip opportunity. In a recent interview with CNBC, the […] дальше »
2020-3-26 23:05 | |
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Though Riskier Than Gold, Bitcoin Is Still Strikingly Bullish
A few days ago, in light of the coronavirus pandemic that has been crippling world economies, Bitcoin took a nose-dive and plunged from a high of $10,500 all the way down to below $5k before beginning an upward move that has seen it top the $6k mark. дальше »
2020-3-20 13:06 | |
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Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion Injection
Coinspeaker Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion InjectionBitcoin price recovery from last week's catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package. дальше »
2020-3-18 19:00 | |
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Bitcoin will be Just Fine, Here’s Why a 45% Crash is Still a Buy the Dip Opportunity
In a crypto carnage yesterday, Bitcoin price lost about 45% of its value, falling to one year low of $3,850. Currently, we are back above $5,200, nearing $5,500 but the market still remains fearful of what’s to come now, go another leg lower, range at current levels or make our way back. As Michael Arrington, […] дальше »
2020-3-14 18:20 | |
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Bitcoin Could Fall To $6K and Still Climb To $20k This Year, says BitMEX CEO Arthur Hayes
The coronavirus has had a terrible effect on the world’s stock markets. The Dow Jones Industrial Average (DIJA) and the S&P 500 have all lost considerable weight as the outbreak continues to worsen. дальше »
2020-3-13 17:05 | |
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Despite 25% Correction From Bitcoin’s Peak, Top Analyst Still Expects a Great 2020
Despite the slight recovery, Bitcoin remains decisively down on the week, trending far lower since the $9,200 high was established on Saturday. In fact, from the local top, the cryptocurrency has lost 12%, and over 25% since February’s $10,500 top, dramatically underperforming traditional markets in the same time period. дальше »
2020-3-11 05:56 | |
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Bitcoin is Still a Safe Haven Asset, Despite Collapsing in Line with the Stock Market
The price of bitcoin started declining along with the S&P 500 towards the second half of February amidst the spreading coronavirus (Covid-19). Between Feb. 20 to 28, the S&P 500 fell 14% while the price of BTC slid 13%. дальше »
2020-3-10 19:01 | |
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BTC Price Still on Stock-to-Flow Track Despite ‘Extreme Fear’ & ‘Bearish Sentiment’
2020 started on a positive note. We kicked off this year at around $7,200 and climbed to above $10,500, recording about 45% gains on a year-to-date basis. However, the spread of coronavirus all over the world soon took over the global markets, which had bitcoin acting as a risk on market as well. As the […] дальше »
2020-3-10 18:36 | |
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4 reasons why analysts are still bullish on Bitcoin despite brutal 15% crash
To put it lightly, Bitcoin has not fared well over the past weeks. The price of the leading cryptocurrency, ever since rejecting the key $10,500 resistance as if it was a stone wall, has acted weak, losing support and support. дальше »
2020-2-28 23:00 | |
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Bitcoin Just Plunged From $10k, But This Data Shows Bulls Are Still in Control
Bitcoin climbed higher nicely above $9,800, but it failed near $10,000 against the US Dollar. BTC price is currently declining, but it is likely to find support near $9,640 and $9,500. Bitcoin price failed again to gain strength above the $10,000 resistance area against the US Dollar. It is down more than $250, but there... дальше »
2020-2-24 08:28 | |
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These 3 Factors Show Bitcoin Is Still Bullish Despite Correction From $10,500
Bitcoin’s correction over the past few days has made investors fear the worst is yet to come for the market. Indeed, after a multi-week surge that brought the asset from $6,400 to $10,500, a 10% sell-off in a single day was shocking, leaving many wondering if a bear trend is on the verge of forming.... дальше »
2020-2-24 02:00 | |
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Bitcoin Highly Bullish Despite Selloff; Here’s What Could Propel it to $11,000
Bitcoin corrected lower sharply from the $10,500 resistance against the US Dollar. However, BTC is still above the key $9,800 support and it could soon rally again. After trading to a new 2020 high, bitcoin price corrected lower from $10,507 against the US Dollar. дальше »
2020-2-16 08:48 | |
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Despite Bitcoin’s Key Technical Correction, The 100 SMA Can Trigger A Fresh Rally
Bitcoin started a downside correction from the $10,500 area against the US Dollar. BTC declined below $10,200, but it is still holding the key 100 hourly SMA. Bitcoin price failed to climb above $10,500 and corrected lower against the US Dollar. дальше »
2020-2-14 08:18 | |
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