Bitcoin Breakout Confirmed – Price Action Suggests Bullish Outlook

Bitcoin is holding firm above $68,000 but has yet to break through the critical $69,000 level. After weeks of bullish price action, the market is closely watching for confirmation of a breakout from the seven-month accumulation pattern that has built up significant momentum.

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Bitcoin faces derivative pressure : Is Q4 breakout at risk?

BTC has reclaimed the $63K range, fueled by a short squeeze, sparking market anticipation. Yet, a substantial breakout remains unlikely. The market is buzzing with anticipation as Bitcoin [BThe post Bitcoin faces derivative pressure : Is Q4 breakout at risk? appeared first on AMBCrypto.

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Bitcoin Exits Post-Halving Reaccumulation Phase, History Says It’s Now ‘Breakout Time’ — Crypto Analyst

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Bitcoin (BTC) Shows Signs of Breakout, Says Top Analyst

Bitcoin price getting close to huge breakout

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Bitcoin Cash (BCH) Targets $300 Breakout: Analyzing Potential Breakout Strategies

Whether the Bitcoin Cash (BCH) price breaks out from its channel or gets rejected can determine the future trend. The post Bitcoin Cash (BCH) Targets $300 Breakout: Analyzing Potential Breakout Strategies appeared first on BeInCrypto.

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Top Trader Predicts Bitcoin Price Breakout in 2025

Cryptocurrency analyst Dave The Wave has forecasted a possible Bitcoin breakout in 2025, based on the historical relationship between the coin’s monthly peak close and the logarithmic growth curve (LGC)

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Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout

Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago?

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Bollinger Bands Indicator Shows Bitcoin Could Be on Cusp of Breakout

Bitcoin may be on verge of breakout, according to this indicator

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Bitcoin's 'Ichimoku Cloud' Breakout Could Lead to Continued Uptrend

While bitcoin's cloud breakout points to more gains ahead, heightened geopolitical risk calls for tight stop loss on all crypto positions, one observer said.

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2 Key Reasons Why Analysts Expect a Strong Bitcoin Breakout Here

Bitcoin has finally begun to move higher after much consolidation over the past week. The cryptocurrency trades for $36,000, having moved 3% higher in the past day. The cryptocurrency is likely preparing for a stronger breakout, analysts say.

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Bitcoin Consolidates in Anticipation of a Breakout

Bitcoin (BTC) has been decreasing since being rejected by the $15,800 resistance area on Nov 9. Despite the drop, the price has been retracing and is trading inside a bullish pattern from which a breakout is expected.

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Bitcoin Just Rejected $13,600—and That Could Trigger a Move Lower

Bitcoin has undergone a strong rejection at $13,600 after an attempted breakout on Thursday afternoon. The coin currently trades for $13,200, more than $400 below the aforementioned highs. Analysts think that this failed breakout may be a precursor to more losses.

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Bitcoin Plunges Under $12,000 After Breakout: Here’s What Could Come Next

On Monday, Bitcoin underwent a notable breakout. The asset surged from the $11,800 baseline it was trading at to a daily high just shy of $12,500 in the span of hours. The move brought BTC above the pivotal $12,000 region, which acted as resistance at the highs of three separate rallies over the past two […]

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Bitcoin Forms Striking Sell Signal After Rallying 10% Higher to $10,300

Bitcoin is moving past resistances above $10,000 after making the initial breakout some 24 hours ago. As of this article’s writing, BTC trades for $10,225, having traded as high as $10,350. Despite the rally, not everyone is convinced this is the breakout that will kickstart another massive move.

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Bitcoin's breach of $7,000 overshadowed by Dogecoin, Maker's breakout

You would think that Bitcoin's move over $7,000 and what appears to be consolidation thereafter is evidence of a breakout. However, on adopting a more nuanced long-term view, the breakout is on the siThe post Bitcoin's breach of $7,000 overshadowed by Dogecoin, Maker's breakout appeared first on AMBCrypto.

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Bitcoin May Follow Gold With Significant Price Breakout

Bitcoin looks set to take a page out of gold's book and confirm a price breakout on the weekly chart.

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Bitcoin Eyes Move to $10,950 Hurdle After Price Breakout

After a breakout on the 4-hour chart brought back the bull mood, bitcoin is eyeing a move to key resistance at $10,956.

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Bitcoin Consolidates Above $10.2K After Failed Price Breakout

Bitcoin is lacking clear directional bias at press time, having failed to capitalize on a bullish breakout on Monday.

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Bitcoin Price Analysis: Breakout Looming But Which Way Will it Go?

Since the breakout mentioned in my previous Bitcoin analysis, price levels have continued upwards and is now trading in a decision point range. We will know if the recent bullish breakout is sustainable within the next few days.

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Bitcoin / USD Technical Analysis: Bullish Breakout Intact

The post Bitcoin / USD Technical Analysis: Bullish Breakout Intact appeared first on Crypto Briefing.

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Bitcoin Price Leaps Resistance Hurdle in Weekend Breakout

Bitcoin’s breakout from $5,050 resistance has defied overbought indicators and set a new target of $5,550 for the bulls.

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Sudden Bitcoin Price Breakout Sets New Bull Target at Over $5K

After today's breakout, bitcoin now needs to move above crucial resistance near $5,200 to solidify the case for a longer-term bull market.

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Bitcoin Price Analysis: BTC/USD Ranging Within $4,237-$3,679, a Breakout Expected

CoinSpeaker Bitcoin Price Analysis: BTC/USD Ranging Within $4,237-$3,679, a Breakout Expected The bulls have to double their momentum before Bitcoin price can breakout at $4,237 resistance level which will expose the resistance level of $4,692.

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Bitcoin (BTC) Price Analysis: Breakout Levels to Watch

Bitcoin is still stuck in tight consolidation, bouncing off support around $3,835 and resistance at $3,950. Price is at the middle of its range and could be due for a breakout anytime soon. The 100.

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Bitcoin (BTC) Price Analysis: Another Breakout To Look Out For

Bitcoin has also formed a triangle chart pattern which might show an earlier breakout as a preview for its reversal formation. Price has bounced off the triangle bottom and might be due for a test of resistance at the $4,200 mark next.

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Bitcoin (BTC) Price Analysis: Waiting for a Triangle Breakout

Bitcoin has formed lower highs and higher lows in the past few days, and the direction of the breakout could set the longer-term trend. The post Bitcoin (BTC) Price Analysis: Waiting for a Triangle Breakout appeared first on Ethereum World News.

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Bitcoin (BTC) Price Watch: Look Out for a Wedge Breakout

Bitcoin Price Key Highlights Bitcoin price is consolidating inside a rising wedge and is nearing the peak of the pattern. Price could break out of the formation anytime soon, signaling which direction a longer-term move might go.

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Bitcoin (BTC) Price Analysis: Waiting for a Wedge Breakout

Bitcoin is consolidating inside a rising wedge and is approaching the peak of the pattern to signal a pending breakout. The post Bitcoin (BTC) Price Analysis: Waiting for a Wedge Breakout appeared first on Ethereum World News.

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Crypto Market Stagnates on the Eve of the ProShares Bitcoin (ETF) Decision

Earlier this morning, during the BitMEX’s Bitcoin spike, the crypto markets looked like they were ready for a breakout as BTC almost got to levels above $7,000. BTC had increased by $400 dollars in a span of less than half an hour and was trading at $6,800.

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After Bitcoin Price Breakout, Pending ETF Decision May Cap Gains

The uncertainty surrounding the US SEC's decision on bitcoin ETF could limit the upside in bitcoin despite the bullish technical breakout

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Bitcoin Awaits Decisive Move as Price Range Tightens

Bitcoin's corrective rally from the recent low of $5,859 would resume on bull pennant breakout.

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Bitcoin Price Watch: BTC/USD at Risk of Upside Break above $6,540

Key Points Bitcoin price mostly traded in a range above the $6,300 support area against the US Dollar. There is a crucial breakout triangle pattern formed with resistance near $6,540 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin (BTC) Price Watch: Waiting for a Triangle Breakout

Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance around $6,500 to create an ascending triangle pattern on its 1-hour chart. Price is currently testing the resistance and is nearing the peak of the formation, so a breakout might be due soon.

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Bitcoin Price Analysis: Welcome to ‘Bitcoin Purgatory’

Bitcoin seemed on the verge of a breakout above $6,650 but a failed third attempt, followed by a lack of buying interest has given bears an opportunity to snatch back control and it looks like BTC has dropped a shelf for a bit of sideways trading in the $6,200 – $6,400 range.

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Bitcoin (BTC) Price Watch: Still Waiting for Directional Clues

Bitcoin Price Key Highlights Bitcoin price is trending below a short-term descending trend line as it hovers at the long-term floor. Traders are likely waiting for the next catalysts to decide which direction the breakout could take.

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Bitcoin (BTC) Price Analysis: Holding Out for Directional Clues

Bitcoin is consolidating in a symmetrical triangle and the direction of the breakout could provide better trend clues. The post Bitcoin (BTC) Price Analysis: Holding Out for Directional Clues appeared first on Ethereum World News.

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Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT?

After dropping within a hair of $6,000, Bitcoin (BTC) price bounced around in a tight $120 range before mysteriously spiking $400 in just 30 minutes. Was this simply a breakout from consolidating prices, or did Tether (USDT) have something to do with it? Bitcoin Price Market Overview Loads of people believe that Bitcoin , and other cryptocurrencies are being manipulated by cryptocurrency exchanges, whales, and a particular stablecoin that has been implicated in multiple scandals Read More The post Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT? appeared first on Bitcoinist.com.

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There is lack of stability among the factors preventing global bitcoin breakout

Swiss-based investment bank and financial services company the Union Bank of Switzerland (UBS) said that Bitcoin’s (BTC) scalability and volatility are still too high for the cryptocurrency to be used as “money,” CNBC reported August 2.

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‘Lack Of Stability’ Among Factors Preventing Global Bitcoin Breakout, Says UBS Strategist

Volatility, scalability, regulation: UBS repeats familiar misgivings over Bitcoin

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Current Bitcoin Price is ‘Just a Normal Correction,’ Claims Brian Kelly

Having plunged roughly 7 percent throughout the week, Bitcoin (BTC) is experiencing a “minor correction,” according to permabull Brian Kelly — who identifies the establishment of a regulated cryptocurrency exchange and secure custodial services as potential triggers for a major breakout.

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Bitcoin Price is Set for Another Breakout, Says ‘Wall Street’s Crypto King’

For the third day in a row, Bitcoin continues to trade below the $8,000 mark that it has gained in July 2018. A flurry of events beginning with the Winklevoss ETF rejection by the SEC has seen the price of the top-ranked cryptocurrency take a considerable tumble.

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Growing Bitcoin Miner Enthusiasm, Hash Rate, Indicates Bullish Crypto Market Breakout

Are We Close To A Bullish Cryptocurrency Mining Market? At the end of 2017, cryptocurrency mining activities were at their peak. The famous virtual currency was traded around $20,000 dollars and miners were enjoying important returns after selling their coins in the market.

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Bitcoin price requirements go up to $ 8350 Bull BIOS back

Bitcoin’s (BTC) price is consolidating in a narrow range at press time and could regain bullish momentum above $8,350, technical charts indicate. The upside has been capped around $8,300 and the dips to $8,050 have been short-lived, according to Bitfinex.

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Bitcoin (BTC) Price Analysis: Heads Up for a Breakout!

Bitcoin is consolidating inside a symmetrical triangle on its 15-minute chart and the direction of the breakout could determine its next trend. The post Bitcoin (BTC) Price Analysis: Heads Up for a Breakout! appeared first on Ethereum World News.

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Ethereum Classic (ETC) Seems To Be On The Verge Of A Massive Breakout

Ethereum Classic (ETC) is about to complete a full cycle as it corrects against Bitcoin (BTC) as can be seen on the ETC/BTC chart above. The price continues to be in a downtrend as the resistance has yet to be breached but the lower the price goes, the easier it gets for Ethereum Classic (ETC) to break out of the downtrend.

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Bitcoin Has Found its Bottom, Says DCG CEO Barry Silbert

Larry Silbert believes that Bitcoin has bottomed out for 2018. The CEO and founder of Digital Currency Group (DCG) expects 2019 to be a breakout year for cryptocurrency as the market consolidates in 2018.

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Bitcoin Has Found its Bottom, Says DCG CEO Barry Silbert

Larry Silbert believes that Bitcoin has bottomed out for 2018. The CEO and founder of Digital Currency Group (DCG) expects 2019 to be a breakout year for cryptocurrency as the market consolidates in 2018.

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Bitcoin [BTC]’s $7000 price breakout decoded by Fundstrat’s Tom Lee

On July 17th, during an interview with CNBC Fast Money, Thomas Lee, the Head of Research at the market strategy and research firm Fundstrat has provided an insight into the Bitcoin price breaking above the $7,000 mark.

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Bitcoin’s Hurdles Getting Back to $7K

So, while the bulls may feel emboldened by a possible inverse head-and-shoulders breakout, they are cautioned against being too ambitious. The area between $7,000 – $7,100 hosts more relevant technical hurdles that need to be penetrated in order to prove the bull case.

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