Bitcoin Gains Independence From the Traditional Markets to Move in Line with Gold

Ever since last month, the one-month correlation between Bitcoin and S&P 500 has been on a constant decline, going from an all-time high of 78.8% on July 8th to now just at 26%. While the equities market is continuing on its upwards trend with a few retracements along the way, after trading sideways for close […] дальше »

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Bitcoin to $40,000 if halving trajectory and market persist

If the past few weeks are anything to go buy, you better have Bitcoin in your portfolio. The cryptocurrency is now trading at over $11,500, not only consolidating into five-figures, but surviving a buThe post Bitcoin to $40,000 if halving trajectory and market persist appeared first on AMBCrypto. дальше »

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Cardano, Tezos, BNB, and ZCash are the most traded cryptocurrencies on eToro

Innovation seems to have drawn a huge number of investors to altcoins, as the latest July data from investment platform eToro showed that some coins saw a month-on-month increase in trading of over 500 percent. дальше »

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Technicals Suggest Bitcoin Price Needs To Clear $11,500 To Restart Rally

Bitcoin started a fresh increase above the $11,000 level against the US Dollar. BTC must surpass the $11,500 resistance zone to continue higher in the near term. Bitcoin is trading nicely above the $11,000 and $11,200 support levels. дальше »

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Decentralized Trading and Coordinated Manipulation Drive Bitcoin’s Volatility — Here’s What’s Going On

On the 2nd of August, the bitcoin community watched in disbelief as Bitcoin hit $12k and then fell by $1,500 within minutes. The flash crash was the inverse of what the crypto community projected would happen, as Bitcoin was deemed to at least reach the $15K or even the $20K mark before experiencing a significant […] дальше »

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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 »

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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 »

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Bitcoin Soars 12% & Smashes Crucial Resistance: Bulls Aim $12K

Bitcoin rallied over 10% and it broke the key $10,500 resistance against the US Dollar. BTC is now trading nicely above $11,000 and it seems like the bulls are aiming a test of $12,000. Bitcoin extended its rally above the $10,000 and $10,500 resistance levels. дальше »

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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 »

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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 »

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After Breaking Out, Tomochain (TOMO) Aims For 15,500 Satoshis

The Tomochain (TOMO) price has been increasing since late February. The trend accelerated at the beginning of June and broke out from an important resistance area in July. As long as the price is trading above this level, the long-term trend is bullish. дальше »

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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 »

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These factors could see Bitcoin’s price rally past $10K

Bitcoin is trading above $9,500 and several factors could provide the impetus for a... The post These factors could see Bitcoin’s price rally past $10K appeared first on Coin Journal. дальше »

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Bitcoin Is On the Verge of Falling Towards $8,500, Then $7,000: Analyst

Bitcoin is finally showing strength as the stock market and precious metals have surged higher.  As of the time of this article’s writing, BTC changes hands for $9,500. BTC closed Wednesday’s trading session above a crucial level. дальше »

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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 »

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S&P 500 Just Printed a Textbook Bull Signal: Here’s Why Bitcoin Can Benefit

Bitcoin is trading up 0. 2% while the S&P 500’s futures are trading down 0. 4%, as of this article’s writing. Despite the slight drop, the index remains in a textbook bull pattern primed to end in a strong upwards breakout. дальше »

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John McAfee Predicted That Bitcoin Would Be Trading at $500,000 Today

John McAfee?s wild $500,000 Bitcoin price bet turns 3. Here?s how it's gone дальше »

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Aave (LEND) Mounts 1,500% YTD; What’s Pumping This DeFi Token?

Aave, an Ethereum-based peer-to-peer lending platform, has emerged as one of the top investments in 2020. On Friday, the project’s native token, LEND, was trading 1,500 percent higher on a year-to-date (YTD) timeframe. дальше »

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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 »

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Tezos (XTZ) Rallies 10% And Indicators Suggest “Liftoff” To $3.6

Tezos’s price gained over 10% and it traded to a new monthly high at $3. 308 against the US Dollar. XTZ is trading in a nice uptrend and it seems like it could continue to rise towards $3. 500 or even $3. дальше »

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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 »

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Bearish Catalysts for Bitcoin Price

This week, Bitcoin is ranging between $9,050 and $9,500. Currently, we are trading just above $9,200 after yesterday, Bitcoin’s price dropped $150 in seconds on Bitstamp, trading well below the rest of the market. дальше »

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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 »

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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 »

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SPX Strikes Again & Takes Down Bitcoin with it

The price of Bitcoin fell to $9,050 after rising to nearly $9,500 this week. Currently, the leading digital asset is trading around $9,175, down 2. 54%, with about $1. 16 billion in ‘real’ trading volume. дальше »

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This Crucial Bitcoin Support Could Propel BTC as High as $11,500

Bitcoin has stabilized following yesterday’s slight volatility, which allowed it to climb as high as $9,450 before hitting some notable resistance Bitcoin has now broken out of the tight trading range that it was previously caught within Analysts do believe that it is laying the groundwork to make a notable upside movement in the days ahead According to one well-respected options trader, this movement could send it as high as $11,500 due to the strength […] дальше »

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Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report

According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500. дальше »

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Bitcoin Moves: Options Market Indicate Bullish Price Outlook

This week, bitcoin is making its way upwards, albeit at an extremely slow pace. Yesterday, we went to nearly $9,500 but are currently trading around $9,411 in the green with just over $1. 26 billion in ‘real’ trading volume. дальше »

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Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally

Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a contracting range below the $9,300 resistance. дальше »

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Key Indicator Says Bitcoin’s Momentum Is Weakening: Where Will BTC Head?

Bitcoin has been stuck in the $9,000s for the past two months, trading between $8,500 and $10,000 for weeks on end. While the cryptocurrency has maintained the $8,500 support level on multiple occasions, a key indicator shows that the bullish momentum is weakening. дальше »

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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 »

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Is Bitcoin stagnating because of the stock market?

With every passing day, the angst in the cryptocurrency community grows. Bitcoin's lack of price movement, trading between the $9,000 to $9,500 range for almost two months is now being seen less as a The post Is Bitcoin stagnating because of the stock market? appeared first on AMBCrypto. дальше »

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Bitcoin Approaches Crucial Point in Wyckoff Distribution

Since April 30, the Bitcoin price has been trading in a range between $10,050 and $8,500. The price movement inside this area is akin to the distribution phase of a Wyckoff distribution, meaning a breakdown from the range would be expected. дальше »

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Bitcoin Hesitates But This Technical Breakout Suggests Gains Above $9,800

Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally. Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average. дальше »

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CryptoAltum, The CFD Trading Platform With 1:500 Leverage

CryptoAltum, a popular MT5 platform, executes trades using market execution with all trades filled at the best available price in the market. The company uses Fill or Kill orders meaning orders are filled entirely at the best available price, with no partial fills and a 100% execution rate. дальше »

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3 Key Reasons Why Bitcoin Price Could Surge Above $9,500

Bitcoin is trading nicely above the $9,300 and $9,220 support levels against the US Dollar. BTC is likely to continue higher towards $9,500 and $9,800 as long as it is above $9,220. Bitcoin is forming a strong support base above the $9,220 support zone. дальше »

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Why Bitcoin Trading in Tandem With the S&P 500 Isn’t a Bad Thing: Analysts Explain

One of the most common narratives in the Bitcoin space is that it is entirely uncorrelated with other financial markets. Because cryptocurrencies are mostly separate from normal economic trends, it was easy for many to think that BTC is unaffected by, say, a recession. дальше »

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Determining Bitcoin’s Long-Term Trend

The Bitcoin price has been trading inside a descending wedge since July 1. While a breakout from this pattern is expected, the long-term trend cannot be considered bullish until BTC breaks out above $10,500. дальше »

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HitBTC kicks off SENSO airdrop, with trading contest in the wings

HitBTC has announced a three-stage airdrop of the recently added Sensorium (SENSO) token, with a subsequent trading contest of the asset to follow, with a prize pool equivalent to $10,500.   LeadThe post HitBTC kicks off SENSO airdrop, with trading contest in the wings appeared first on AMBCrypto. дальше »

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Bitcoin Price Seems to Be Stuck Near $9,500 Now, BTC Activity Hits Zero

Coinspeaker Bitcoin Price Seems to Be Stuck Near $9,500 Now, BTC Activity Hits ZeroOn Thursday, June 18th, the leading cryptocurrency behaves atypically, hardly moving at all. Bitcoin is trading at around $9,500 now. дальше »

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Bitcoin Glued on $10.5K Retest as Retail Interest Hits Record High

Bitcoin slipped on Wednesday in a choppy trading session that also saw the U. S. stocks heading lower. The cryptocurrency swung above and below $9,500 while briefly crashing to as low as $9,227 on Coinbase exchange. дальше »

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Bitcoin and S&P 500 Cointegration has Trillions of Money Dripping Down into BTC

Bitcoin is back to trading around $9,500 after experiencing volatility earlier this week and last week before that. Bitcoin’s losses and gains have been in line with the US stock market which also posted gains on the hopes that the decision by the Federal Reserve to buy corporate bonds would propel a V-shaped recovery. The […] дальше »

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“Cracks” Are Forming In Bitcoin’s Uptrend, Yet Investors Aren’t Worried of a Drop

For the umpteenth time in weeks, Bitcoin has bounced after almost breaking below the trading range of the past eight weeks. As of the time of this article’s writing, the leading cryptocurrency trades at $9,500. дальше »

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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 »

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As Bitcoin Reclaims $9,500, Top Trader Says It’s “Back On Schedule” To Targeting $12K

Bitcoin has recovered sharply after testing the $8,900 level on Monday. The cryptocurrency has obliterated the resistance at $9.5k after gaining over 7 percent. BTC is now trading at $9,559.51 and a popular trader believes the crypto is back to targeting $10,500 which will open the doors to $12,000. Bitcoin Is Moving In Tandem With […] дальше »

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Bitcoin futures market notes the lowest trade volume in 2020

Bitcoin was down by 3 percent YTD. The cryptocurrency has so far failed to recuperate from the yearly highs as it continued trading below $9,500. The effects of the recent fall were not only limited tThe post Bitcoin futures market notes the lowest trade volume in 2020 appeared first on AMBCrypto. дальше »

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Bitcoin gears up for a push above $10,500

With price trading above $9,700, Bitcoin’s next uptrend could push it over major resistance...

The post Bitcoin gears up for a push above $10,500 appeared first on Coin Journal.

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Cryptocurrency News Roundup for June 3, 2020

Following a sharp decline on Tuesday that saw the BTC-USD pair shedding more than $600 in less than five minutes, Bitcoin seems to have got its act together. The benchmark cryptocurrency spent much of Wednesday trading between $9,500 and $9,550 on spot exchanges. дальше »

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Bitcoin Looks Ready for a Bounce After a Tumultuous Tuesday

On June 2, the Bitcoin price was subject to a rapid decrease that caused it to drop by roughly $600 inside of an hour. At the time of press, BTC was trading at $9,500, slightly above a minor support area. дальше »

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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 »

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