Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance

Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […] дальше »

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Bitcoin has Yet to Enter Its “Key Buy Zone” — According to This Indicator

Bitcoin has been struggling to find any strong momentum throughout the past few days, with bears rapidly gaining control over its price action This trend has not yet been enough to invalidate the cryptocurrency’s technical strength, but it does seem as though it may strike a blow to its macro uptrend Until BTC can enter […] дальше »

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Bitcoin price short-term pullback is very possible for 4 key reasons

Bitcoin price is hovering around $19,000 again after a sharp intraday drop. There are four reasons BTC is primed for a further pullback. дальше »

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TA: Bitcoin Stuck In A Crucial Range, Why $19.5K Is The Key

Bitcoin price is still trading in a broad range below the $19,500 resistance against the US Dollar. BTC must gain strength above $19,500 to start a fresh rally in the near term. Bitcoin is facing a strong resistance near the $19,500 and $19,580 levels. дальше »

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Key Bitcoin futures metrics show traders are bullish despite flat BTC price

Multiple indicators show pro and retail traders remain strongly bullish even as Bitcoin price failed to break $20,000.

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TA: Why Bitcoin Price Could Correct Sharply If It Breaks 100 SMA

Bitcoin price attempted an upside break above the $19,500 resistance against the US Dollar, but failed. BTC could decline sharply if there is a clear break below the 100 hourly SMA. Bitcoin is currently struggling to clear the key $19,500 resistance level. дальше »

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Bitcoin Surges After Bulls Defend Key Level; What Analysts are Watching For

Bitcoin is in the process of pushing higher today, with bulls aiming at sending the cryptocurrency up towards the resistance that it has long faced within the mid-to-upper $19,000 region. If the selling pressure here remains constant and continues hampering the cryptocurrency’s growth, then bears may be poised to gain some control over BTC’s price […] дальше »

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BTC price- Key levels to watch as bulls rally to $18,600

Bulls have rallied BTC/USD to highs of $18,600 and could break higher if they…

The post BTC price- Key levels to watch as bulls rally to $18,600 appeared first on Coin Journal.

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TA: Bitcoin Bulls Keeps Pushing, Why $18.8K is a Key Breakout Zone

Bitcoin price is up over 4% and it broke the $18,500 level against the US Dollar. BTC is currently following a nice bullish path, but the $18,800 level is a strong resistance. Bitcoin is slowly rising and it broke the key $18,500 resistance. дальше »

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Bitcoin Climbs 5%, Why $18.2K Holds The Key For More Upsides

Bitcoin price started a fresh increase from the $16,200 support zone against the US Dollar. BTC is up 5% and it is trading above $17,500, but facing a major resistance at $18k and $18. 2k. Bitcoin started a fresh upward move above the $17,000 and $17,200 levels. дальше »

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Bitcoin Still Hunting for a Bottom After Losing Support

The downward move is expected to continue until Bitcoin reaches at least one of the key support levels outlined below.   Support Levels For Bitcoin On Nov. 27, BTC created a massive bearish candlestick, dropping from a high of $18,911 to a low of $16,218. дальше »

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TA: Bitcoin Correcting Gains, Key Resistance Turned Support Nearby

Bitcoin price broke to the upside and traded close to $19,500 against the US Dollar. BTC is currently correcting gains, but the previous resistance near $18,800 could provide support. Bitcoin traded above the $18,700 and $18,800 resistance levels before correcting lower. дальше »

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Bitcoin Breaks $19,000: Why Analysts are Concerned of a 30%+ Pullback

Bitcoin and the entire cryptocurrency market have been caught in the throes of an intense uptrend throughout the past few days Bulls have been aggressively propelling the cryptocurrency higher, with BTC now pushing past its key $19,000 resistance level The selling pressure here has proven to be quite intense, making the firm break above this level technically significant If the cryptocurrency can hold above $19,000 for an extended period of time, it could be a […] дальше »

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TA: Bitcoin Stuck In Range, Why BTC Remains At Risk of A Sharp Correction

Bitcoin price failed again to clear the $18,800 resistance against the US Dollar. BTC is trading in a range and it could correct lower sharply if there is a break below $18,200. Bitcoin is still trading well below the key resistance area near the $18,700 and $18,800 levels. The price is now below $18,500 and […] дальше »

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Bitcoin (BTC) price may pull back to $16,600 before continuing higher

Bitcoin (BTC) price is trading around 0. 4% lower today as the buyers show signs of exhaustion near the record highs.   Fundamental analysis: Weak supply A weaker Bitcoin supply might be one of the key drivers behind Bitcoin’s recent rally. дальше »

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Key Bitcoin price metric shows pro traders are nervous about $19K BTC

Bitcoin price is chasing after $19,000 but crypto exchanges’ long-to-short ratio shows top traders exercising caution at these levels. дальше »

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4 metrics suggest Bitcoin price will correct — But can BTC hit $20K first?

Several key metrics hint at a Bitcoin price pullback, but this may be offset by other conflicting factors.

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Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level

Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […] дальше »

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Analysts Expect Bitcoin to Continue Rally After Recovering to $18k

Bitcoin faced a strong drop two evenings ago when it fell from $18,500 to $17,500 in the span of minutes. But true to the volatility of the market, the cryptocurrency has quickly bounced back. As of this article’s writing, the price of BTC sits slightly above the key $18,000 resistance, though was as high as […] дальше »

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TA: Bitcoin Price Smashes Key Resistance, Why $17K Could Be Next

Bitcoin price gained bullish momentum and it broke the $16,500 resistance against the US Dollar. BTC is likely to continue higher towards $17,000 as long as it is above $16,200. Bitcoin regained strength and it broke the $16,500 and $16,600 resistance levels. дальше »

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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […] дальше »

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Bitcoin Signaling Start of Corrective Decrease, Why $15K Is The Key

Bitcoin price traded to a new multi-month high close to $16,500 against the US Dollar. BTC is now signaling a downside correction and it could test the $15,200 support. Bitcoin traded above the $16,000 resistance and almost tested the $16,500 zone. дальше »

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Here’s how Litecoin (LTC) price could gain over 30% in December

Litecoin (LTC) price is trading more than 12% higher this month as the bulls attempt to break the key resistance in the short-term. Fundamental analysis: Paypal’s new crypto update will allow trading of BTC, ETH, BCH and Litecoin in the U. дальше »

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TA: Bitcoin Trades Near Crucial Juncture, Why 100 SMA Is The Key

Bitcoin price is facing a strong resistance near $15,500 and $15,600 against the US Dollar. BTC could clear the $15,500 resistance unless there is a clear break below the 100 hourly SMA. Bitcoin is facing a strong barrier near the $15,500 and $15,600 resistance levels. дальше »

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This Key Metric Suggests Bitcoin Investors Are Starting to Get Greedy

Bitcoin has undergone a strong surge since the lows seen when OKEx announced it had frozen withdrawals. In the past 30 days alone, BTC has gained more than 40%, shocking most investors. Key on-chain trends show that Bitcoin investors are starting to become “greedy. дальше »

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Traders are Using the Most Leverage Ever as Bitcoin Nears Key Resistance

Bitcoin is trading around the level it has been at for the past couple of weeks Bulls are vying to break above $13,800, but the resistance here is rather significant and is showing few signs of degrading BTC has now made multiple bids to break above $14,000, but each one has resulted in it seeing strong inflows of selling pressure that send it back down to the mid-$13,000 region There’s a good chance that Bitcoin […] дальше »

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Can Bitcoin hit $17K next? Watch these 3 key BTC price levels

Bitcoin dominance is climbing as altcoins search for a new bottom in what may be the perfect set up for a BTC rally to new all-time highs. дальше »

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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside

Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »

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Ethereum Reaches Bedrock Support Against BTC as Sellers Run Out of Fuel

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today. The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers maintain […] дальше »

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Ethereum at Risk of Major Downside After Failing to Complete Key Pattern

It has been a rough past few days for Ethereum, with Bitcoin’s recent $13,800 rejection sending it plunging below $400 It has not been able to gain any strong momentum in the time since, and analysts do believe that this could indicate that further weakness is imminent ETH’s lackluster price action and severe underperformance has been one of the main reasons why other altcoins have been heavily underperforming BTC One analyst is now noting that […] дальше »

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Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA

Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. дальше »

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Here’s a level at which you should buy Bitcoin (BTC) in November

Bitcoin (BTC) price is fighting to secure the largest amount of monthly gains since April. The price action is trading about 3% higher this week after tagging the key short-term resistance near $13,900. дальше »

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Here’s What May Have Caused Bitcoin to Nosedive into Its Key Support

Bitcoin saw a nosedive that caused it to erase all of yesterday afternoon’s gains as a result of the intense selling pressure around $13,800 This level marks the cryptocurrency’s 2019 highs, and a continued bout of trading at this level could confirm this as a local top It is important to note that BTC has found support above $13,200, which is a positive sign suggesting that upside is imminent The resistance here isn’t the only […] дальше »

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Ethereum “Crashes Heavily” Against BTC as Market Faces Strong Pullback

Ethereum has been severely underperforming Bitcoin as of late, which has led the ETHBTC trading pair to see immense weakness It is currently plunging lower as Bitcoin’s $13,800 rejection sends shockwaves throughout the market Although it has reached its first key support zone, weakness seen by both BTC and ETH individually will likely drag it significantly lower in the near-term This weakness can only be reverted if bulls step up and propel both the cryptocurrencies […] дальше »

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Bitcoin Consolidates While Giving Off Mixed Technical Signals

Bitcoin (BTC) is trading inside a parallel ascending channel and has created a triple-top pattern. Whether the price breaks out or down from the channel will be a key factor in determining its future movement. дальше »

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Bitcoin Must Consolidate Above This Key Level, Or Risk Plunging to $11,900

It has been a wild past few days for Bitcoin and the aggregated cryptocurrency market Bitcoin has been able to post consistent gains throughout as of late, with buyers and sellers largely reaching an impasse following its slight rejection at $13,200 This has created a slight consolidation phase around $13,000 that it has been caught within throughout the past two days If this phase persists in the near-term, BTC must continue holding above $12,800 One […] дальше »

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Crushing Bitcoin Dominance Could Decimate Altcoins Through Q1 2021

The DeFi boom and an explosion of ROI across altcoins helped bring bullish sentiment back to crypto, and it helped push Bitcoin above $10,000 and hold the key level for the longest stretch ever. But while altcoins had regained some lost ground against the most dominant cryptocurrency, BTC dominance has potentially reversed, and if closes […] дальше »

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Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur

It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely due to the stock market’s consolidation phase For better or worse, BTC has grown incredibly tied to the traditional market Its near-term trend may depend almost entirely on that seen by equities That said, one analyst is now pointing towards two key events currently taking […] дальше »

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Bitcoin Key Indicators Suggest A Strengthening Case For Rally Above $11.5K

Bitcoin price is holding an important support near the $11,230 level against the US Dollar. BTC is likely to rally above $11,500 as long as it is above the $11,000 pivot level. Bitcoin started a downside correction after it failed to clear the $11,600 resistance zone. дальше »

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Bitcoin's distribution trend is missing this key element

Bitcoin, despite its recent sideways movement on the charts, has a very positive outlook attached to it. Hodlers of the cryptocurrency have long been optimistic about BTC's long-term price trend. дальше »

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This time, will Bitcoin be immune to price corrections below $11K?

Bitcoin has endured long periods of consolidation and bursts of strong volatility over the course of 2020. One of its more notable achievements saw BTC break yet another key barrier - the $11K resistaThe post This time, will Bitcoin be immune to price corrections below $11K? appeared first on AMBCrypto. дальше »

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Ethereum Could Push to $420 if It Flips One Key Level into Support

Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC Overnight, an influx of selling pressure caused its price to plunge just over 1%, with this decline sending it below the crucial $380 level This level has long been pivotal for Ethereum, and its recent break above it […] дальше »

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Bitcoin’s Market Structure Indicates a Massive Move Higher is on the Horizon

Bitcoin and the entire crypto market are once again consolidating following the latest push higher, with bulls being unable to firmly push BTC over any key levels The cryptocurrency is incurring mounting technical strength, however, which comes as it stabilizes around $11,500 Where the market trends next will likely depend on the cryptocurrency’s continued reaction to its $11,600 resistance If broken above, this level may ignite a massive BTC rally that sends it past $12,000 […] дальше »

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TA: Bitcoin Just Saw Key Technical Correction, But 100 SMA Is Still Strong

Bitcoin price extended its rise above the $11,500 resistance against the US Dollar. BTC is correcting lower from $11,700, but it is likely to find support near the 100 hourly SMA. Bitcoin broke the key $11,500 resistance level and traded to a new weekly high at $11,724. дальше »

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Bitcoin’s “Crucial” Weekly Close Nears as BTC Hovers Above Key Level

Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600. дальше »

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Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM

Bitcoin price could achieve a new 2020 high if bulls hold the price above the key multi-year resistance at $11.5K.

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Ethereum is About to Rocket Higher as Bulls Break Multiple Key Levels

Ethereum’s price has been moving in lockstep with Bitcoin’s throughout the past few days Although this previously caused it to see a prolonged period of boring and lackluster price action, it eventually worked in ETH’s favor The cryptocurrency is now rallying higher and approaching its crucial $380 resistance as buyers take full control of its short-term price action The ongoing upswing is significant, as it has allowed both ETH and BTC to shatter the selling […] дальше »

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Bitcoin (BTC) Blasts Through $11,000 Following Bullish Triangle Breakout

Bitcoin price just smashed back above $11,000 and bulls are now attempting to flip the key level as resistance turned support. The move comes following the breakout of a triangle pattern, and a sudden reappearance of weakness in the dollar’s now short-lived recovery. дальше »

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3 Key Reasons Traders Pinpoint $13k as Level to Propel Bitcoin to ATH

In the medium term, technical analysts and traders believe Bitcoin (BTC) is headed for an extended uptrend. For BTC to reach for a new all-time high, traders pinpoint $13,000 as the main resistance level. дальше »

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3 key indicators suggest Bitcoin price is preparing to retest $11,000

Analysts expect Bitcoin price to retest $11,000 after favorable macro factors improve BTC’s technical setup.

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