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Analyst: Bitcoin Rally is Losing Steam as Key Factors Forecast a Drop

Bitcoin has been caught within the throes of a wild uptrend throughout the past few weeks, with each dip being aggressively bought This has allowed it to see fairly steady gains, with sellers being unable to gain any real control over its price action Just today, the crypto set fresh all-time highs as its price rallied past $25,000, and it is showing few signs of slowing down anytime soon One trader explained in a recent […] дальше »

2020-12-27 21:00


Bitcoin’s Short-Term Outlook is Dangerous for Bulls; Here’s Why

Bitcoin has flashed some signs of tempered strength throughout the past few days, with bulls ardently defending against a sustained drop below $18,000 The buying pressure below this level was tempered and only sparked a slow climb higher Until the crypto can reach a level that kicks off a massive buying spree that creates another “V-shaped recover,” there’s a possibility that it will see further weakness One trader is now noting that a move lower […] дальше »

2020-12-13 22:00


Bitcoin Drops Under $17,600 Despite ‘Ample Monetary Stimulus’ From The European Central Bank (ECB)

Today, Bitcoin went down to as low as $17,570 in the Asian and European trading session before making its way above $17,900 with a mere $3. 37 billion in ‘real’ trading volume. With the latest round of losses came the largest drop in the Bitcoin exchange balance in more than 3 years of 1. дальше »

2020-12-11 16:29