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Current Bitcoin Price Action Closely Follows Textbook Distribution Pattern
Bitcoin bulls are currently attempting to turn weekly resistance at $11,500 into support. However, failure may be likely according to an ominous pattern the cryptocurrency is painting. Recent price action in the first-ever cryptocurrency closely mimics that of a Wyckoff distribution model. дальше »
2020-8-30 22:00 | |
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This Support May Launch Ethereum to $500, But Signs of Weakness Remain
Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »
2020-8-29 23:00 | |
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Dow Jones and S&P 500 Jump as Fed Announces New Inflation Policy
Coinspeaker Dow Jones and S&P 500 Jump as Fed Announces New Inflation PolicyWith the new approach to inflation, the Fed aims to support the labor market and broader economy by keeping interest rates lower for a longer period of time. дальше »
2020-8-28 11:08 | |
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Bitcoin Could Rally Above $11,500 As Double Bottom Pattern Emerges
Bitcoin price is forming a strong support and a possible double bottom near $11,140 against the US Dollar. BTC is likely to rally if it clears the $11,500 resistance. Bitcoin is showing a few positive signs above the $11,140 and $11,200 support levels. дальше »
2020-8-28 07:08 | |
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Ethereum Still Likely to Dive to $360 Support as Funding Stays Neutral
Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […] дальше »
2020-8-28 23:00 | |
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Here’s Why This Historically Accurate Analyst Thinks Bitcoin is In No Man’s Land
Bitcoin has flatlined in the mid-$11,000s over the past few days. Some say that this formation is bullish as BTC remains above the $10,500 support. A historically accurate analyst thinks that Bitcoin may technically be in no man’s land. дальше »
2020-8-28 13:00 | |
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This On-Chain Trend Shows an “Increased Potential” For Bitcoin to Rally Higher
Bitcoin has seen a stark correction since peaking at $12,400 early last week. The asset plunged as low as $11,150 earlier this week, falling below pivotal support levels. BTC has since bounced back to $11,500 as of this article’s writing, with positive fundamentals pushing Bitcoin higher. дальше »
2020-8-27 04:00 | |
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Bitcoin Price Corrections Are Shifting, Analysts Predict Epic Bull Run Ahead
Bitcoin has continuously failed to sustain the $12,000 price level with recent corrections falling below $11,500 in the last few days. The price is currently up 2. 97% and trading sideways in a tight range a little above the $11,700 support area. дальше »
2020-8-25 18:11 | |
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This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent
Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »
2020-8-22 22:00 | |
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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level
Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […] дальше »
2020-8-22 19:00 | |
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Bitcoin Traders Under Pressure To Capitulate At $12K As Breakdowns Persist
Earlier in the week, Bitcoin crashed to as low as $11,500 from highs of $12,200 in a couple of hours. For most, this came as a surprise as the top coin was prior to the crash moving sideways and seemingly at higher support. дальше »
2020-8-21 17:50 | |
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Bitcoin Reaches Crucial Juncture, $11,500 Holds The Key For Next Rally
Bitcoin price settled below the $12,000 support level against the US Dollar. BTC is currently consolidating above the $11,650 and $11,500 support levels, below which it could nosedive. Bitcoin remained in a short-term bearish zone and it settled below the $12,000 region. дальше »
2020-8-20 07:08 | |
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Bitcoin Takes a Bit Hit, But Price Action Suggests Limited Downsides
Bitcoin price started a downside correction from the $12,500 resistance against the US Dollar. BTC is currently trading below $12,000, but there are many key supports on the downside. Bitcoin started a short-term downside correction and traded below the $12,000 support. дальше »
2020-8-19 06:58 | |
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Bitcoin Crashes Below $12K as S&P 500 Hits New High – Coincidence?
Bitcoin for the better half of the day was doing great and sitting above higher support. Since climbing above $12K and as high as $12,200 early in the week, the top asset has been moving sideways. This crucial position offered an opportunity for bulls to pull away and top $12,500 and as high as $13K by […] дальше »
2020-8-19 00:41 | |
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Daily Chart Suggests Bitcoin At Risk of Extended Correction To $10,500
Bitcoin struggled to clear the $12,000 resistance zone and corrected lower against the US Dollar. BTC’s daily chart suggests the price could extend its decline towards the $10,500 support. Bitcoin topped near the $12,080 level and it is currently correcting gains. дальше »
2020-8-12 06:58 | |
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Bitcoin Price Holds Strong Above $11,500: A Strong Case for Upside
Bitcoin bounced back sharply after testing the $11,500 support zone against the US Dollar. BTC is likely to accelerate higher above $12,000 as long as it is above the 100 hourly SMA. Bitcoin is trading well above the $11,800 and $11,500 support levels. дальше »
2020-8-11 06:48 | |
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Bitcoin Price Suddenly Drops by $500 in Seconds to Fill Futures 'Gap'
A bounce off $11,500 saves investors from serious pain but $12,000 remains a problematic level to flip to support.
дальше »2020-8-10 14:13 | |
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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 »
2020-8-4 06:48 | |
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Bitcoin Flipping $11,500 Into Support Could Trigger a Move to $14,000
Bitcoin experienced a violent rejection at $12,000 on Saturday night. The move resulted in hundreds of millions worth of buy-side liquidations, then millions more on the sell-side on the bounce. Analysts say that for Bitcoin to confirm more upside, it will need to flip $11,500 into support. дальше »
2020-8-3 01:30 | |
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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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Why a Growing Risk Appetite Could Send Bitcoin to $14,000
Bitcoin’s price saw an explosive movement higher yesterday that allowed it to surmount its multi-week resistance at $9,500 This movement was technically significant because it allowed the crypto to smash a crucial resistance that it is now being flipped into a support level How BTC trends next will be important for determining its mid-term outlook, as a decline beneath this level would point to weakness amongst bulls Holding above this level, however, could point to […] дальше »
2020-7-24 21:00 | |
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Chainlink (LINK) Surges 12%: Price Action Indicate Fresh High Above $9
Chainlink (LINK) found support near $7. 000 after a sharp downside correction against the US Dollar. It is climbing again and it seems like the bulls are aiming a fresh high above $8. 500 and $9. 000. дальше »
2020-7-15 08:48 | |
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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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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 »
2020-7-9 21:00 | |
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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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Analyst Expects Bitcoin Price to Break Below $8,500; Here’s Why
Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500 on June 1. дальше »
2020-7-1 16:00 | |
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As S&P 500 Flips 3,000 Into Support, Bitcoin’s Bull Case Grows
Despite a worsening pandemic, geopolitical turmoil, and more, Bitcoin and the S&P 500 have fended off secondary declines after March’s liquidity crash. At least for the time being, BTC holds above $9,000 and the leading stock index remains above 3,000 points. дальше »
2020-7-1 13:00 | |
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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 »
2020-7-1 06:00 | |
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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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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 »
2020-6-24 06:58 | |
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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 »
2020-6-22 06:58 | |
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Bitcoin Price Dives Under $9,000 as S&P 500 Starts Week Off Blood Red
Bitcoin failed to maintain its technical strength after bouncing off $9,000 last week, recently slipping under that crucial support after days of back-and-forth between bulls and bears. On leading derivatives exchanges, the cryptocurrency fell as low as $8,920. дальше »
2020-6-15 10:36 | |
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Bitcoin Crashes $1,000 as S&P 500 Dips 4.5%: What Analysts Think Comes Next
Bitcoin continued to slip lower after Bitcoinist’s previous market update. The cryptocurrency slipped from the $9,500 support where it was attempting to hold to a low of $9,070 on major exchanges. дальше »
2020-6-12 20:21 | |
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Bitcoin Jumps Above $10,000 as It Prepares for Next Bull Cycle
Bitcoin has jumped above the critical $10,000 price level. If this level turns into support, then BTC could be on its way to $12,500. Bitcoin Is Breaking Out Bitcoin is... The post Bitcoin Jumps Above $10,000 as It Prepares for Next Bull Cycle appeared first on Crypto Briefing. дальше »
2020-6-2 07:57 | |
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Bitcoin Holds $9.5K Support But Indicator Shows Investors Undecided On Next Move
Bitcoin is holding strongly above the $9,500 support despite a seemingly weak start to the week. The day has been marked by declining figures. Notably, Bitcoin dominance and trading volume. This is unsurprising as the digital asset was eclipsed during the weekend by altcoins. дальше »
2020-6-1 19:51 | |
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Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next
Bitcoin breaks below $9,500, a crucial support level, a day after breaching it to the upside. The cryptocurrency pared its intraday gains ahead of Donald Trump’s retaliating press conference on China’s national security law for Hong Kong. дальше »
2020-5-29 14:00 | |
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Bitcoin at Risk of Seeing Major Downside as Buying Pressure Evaporates
Bitcoin has seen some intense selling pressure today following a bearish resolution to its long-held bout of sideways trading The cryptocurrency is now at risk of seeing further selling pressure as it struggles to defend a key support level Analysts are noting that it may decline as low as $8,500 in the hours and days ahead as it struggles to maintain its multi-week uptrend Bitcoin is now trading right above its key support level at […] дальше »
2020-5-24 19:00 | |
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Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $9,500
Bitcoin started a strong downside correction from the $9,945 high against the US Dollar. BTC tested the $8,800 support area and it is currently correcting higher. Bitcoin is trading above the key $8,800 and $9,000 support levels. дальше »
2020-5-24 07:08 | |
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Bitcoin Saw A Key Technical Breakdown: Here’s Why BTC Could Decline Further
Bitcoin started a strong decline after it broke the key $9,500 support against the US Dollar. BTC price is currently correcting higher from the $8,794 low, but upsides are likely to remain capped. Bitcoin is down more than 5% and it broke many key supports near $9,500 and $9,150. The price is now trading well... дальше »
2020-5-22 06:58 | |
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Bitcoin Crossing $9,500 Could Lead to a “Major Spike”: Analyst Explains Why
Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in a move to $8,900 on Wednesday morning. Although this near 10% bounce from the lows has been impressive, traders believe that BTC could undergo a “major spike” should the ever-important $9,500 level be taken as support by bulls. дальше »
2020-5-13 15:00 | |
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Bitcoin Breaking 100 SMA and $9,100 Could Spark Fresh Bull Run
Bitcoin is currently consolidating above the $8,500 and $8,250 support levels against the US Dollar. BTC price seems to be setting up for a strong bull run above $9,000 and $9,100. Bitcoin is trading in a crucial range above the $8,500 and $8,200 support levels. дальше »
2020-5-13 06:28 | |
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Halving Won’t Save Bitcoin From Falling to $7.5K; Here’s Why
Bitcoin briefly closed above $6,400 for the second time in seven days. The cryptocurrency later pulled back by circa $400 amid profit-taking. It found support near $9,000, raising concerns about an extended move towards $7,500. дальше »
2020-5-7 15:37 | |
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Bitcoin Highly Bullish Despite Correction; Here’s What Could Propel it to $10,000
Bitcoin is trading in a solid uptrend above the $8,400 and $8,800 support levels against the US Dollar. BTC is rising and it looks set for a larger rally above $9,500 and $9,800. Bitcoin corrected lower from the $9,480 swing high and tested the $8,400 support zone. It is likely to continue higher and it... дальше »
2020-5-3 07:58 | |
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Bitcoin Analyst Who Called $3,200 Bottom in 2018 Thinks This Trajectory Is Next
The past few days have undoubtedly been bullish for Bitcoin, with the cryptocurrency ripping over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours. Since hitting $9,500 though, BTC has stalled, entering a consolidation around $8,800 as the market becomes indecisive, stuck between support around $8,500 and resistance at the ever-important level of $9,000. дальше »
2020-5-3 10:03 | |
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