Bitcoin Holds, Stocks Red, Gas Falls

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Bitcoin Sideways as Trumpies Protest the Election

Bitcoin appears to have found some support at $16,000 where it has been kind of sidewaying since November 12th. The currency appears to be unsure of where to go right... дальше »

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This Unique Perspective on Bitcoin Charting Makes Bull Breakout Clear As Day

Switching Bitcoin price charts from one type to another gives a clear as day look at what appears to be a full-blown breakout into a bull market. Better yet, the price action also shows a retest of downtrend resistance turned support, which could act as a launchpad for the cryptocurrency. дальше »

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Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline

Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […] дальше »

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Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend

Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […] дальше »

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Set Your Alarms: Most Bitcoin Is Now Traded During These Hours

The start of trading in New York appears to impact Bitcoin volatility much more than other stock markets.

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Bitcoin Breaks Below $9,000 as Sellers Invalidate Bullish Technical Pattern

Despite seeing a swift rebound, Bitcoin bears were able to push the cryptocurrency below its crucial $9,000 support just minutes ago. This breakdown has come about following a recent rejection posted by the crypto at $9,300, which appears to have become a resistance level. дальше »

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These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […] дальше »

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Institutional Bitcoin Traders Think That the Top Is In; Factors to Consider

Bitcoin’s price has been flashing signs of overt weakness throughout the past several days and weeks The cryptocurrency is now rapidly approaching its critical support at $9,000 The buying pressure here appears to have been degrading over the past several days and weeks Institutional investors and professional traders on the CME appear to believe that the Bitcoin top is in, as most have flipped short on the benchmark digital asset This comes as a bear-favoring […] дальше »

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Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness

Bitcoin appears to be incredibly weak from a short-term perspective. After breaking below $9,000 for a short period earlier this week, the crypto is once again at risk of breaking below the lower boundary of its long-held trading range. дальше »

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53% of Bitcoin Options Just Expired, Marking a Historic Milestone

Bitcoin and Ethereum just saw their largest respective options expiry ever, marking a major milestone for the cryptocurrency market This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted It now appears that the volatility associated with this event did occur earlier this week It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows […] дальше »

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Venezuela Bypasses Sanctions With Bitcoin Payments for Passports

The South American nation of Venezuela appears to have run a very brief trial accepting Bitcoin payments for passport applications. SAIME (the country’s Administrative Service for Identification, Migrants, and Foreigners) added the option yesterday for some overseas applicants before quickly removing it again. дальше »

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“Bitcoin.org is now in danger of becoming compromised”, Says Site Maintainer After Being Ousted By Co-Owner

It appears that due to disagreements in management at the very top of Bitcoin.org will lead to some big changes. Will Binns, the person responsible for maintaining Bitcoin.org is out. An argument with Cobra, the owner of the site led to some wholesale changes being announced on Wednesday, June 24th, 2020. The change comes after […] дальше »

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Key On-Chain Metric Shows Bitcoin Remains Bullish Despite $800 Crash

The flagship cryptocurrency kicked off the week on the right foot, rising to a high of $9,800 on Monday. But the upswing appears to have been significant enough for some investors to take profit. Subsequently pushing the price of Bitcoin down to nearly $9,000. дальше »

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Bitcoin “Death Cross” Pattern that Last Crashed Price By 55% Appears Again

Bitcoin has come closer to forming a dreaded Wall Street chart pattern: the Death Cross. The bearish technical indicator materializes when an asset’s long-term moving average crosses above its short-term moving average. дальше »

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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »

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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup

Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. дальше »

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Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades

Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant. дальше »

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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »

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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility

Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »

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Bitcoin Braces for Breakout, IOTA Signals Long-Term Reversal, & More: Crypto News Roundup

Despite relatively high volatility over the past 24 hours, Bitcoin continues to remain anchored in the mid-$9,000s. On a slightly longer time scale, it appears that the alpha-crypto has been consolidating sideways in a roughly $1,500 range since early May 2020. дальше »

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US Pres. Donald Trump Wanted to ‘Go After Bitcoin’ Long Before His Twitter Rant on Crypto

In a story that appears in former national security advisor, John Bolton’s upcoming book, “The Room Where It Happened”, Trump once ordered Treasury Secretary, Steven Mnuchin, to “go after Bitcoin (BTC)” in retaliation to the trade wars with China. дальше »

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WisdomTree Trust Files for a Bitcoin ETF Tied to Futures Contracts

Bitcoin ETFs have not been too successful in passing their biggest hurdle: the SEC. Despite virtually no chance of being approved ,it appears that WisdomTree is trying its hand at another ETF proposal. дальше »

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If History Rhymes, Ethereum May Have Just Hit Its Mid-Term Peak

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and even months, struggling to garner any independent momentum This correlation has grown particularly clear over the past few weeks, as ETH is now trading within a firm consolidation channel alongside BTC and other altcoins It is important to note that one fractal pattern has emerged that appears to suggest Ethereum has formed a mid-term top If history repeats itself, the crypto […] дальше »

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Ethereum Forms Ascending Channel, But Bears Aren’t Out of the Woods Yet

Ethereum, like Bitcoin, has been able to recapture its previous trading range and put some serious distance between its current price and its recent lows The crypto market has been able to see a swift recovery from the overt weakness seen yesterday This, to many bulls, seemed to confirm that the market is well poised to see further upside in the days and weeks ahead In the case of Ethereum, the crypto now appears to […] дальше »

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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »

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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600

Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »

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Craig Wright Apparently Just Admitted to Hacking Mt. Gox

Craig Wright's legal team appears to alleged that he controls one of the Bitcoin addresses affiliated with an old Mt. Gox hack.

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70% Chance Bitcoin Reclaims $11.8K by July 2020; Here’s Why

Bitcoin rallied Friday, reversing a minor portion of its losses incurred during the yesterday’s sell-off. The cryptocurrency retraced upward from a convincing support trendline. It now appears to be trending inside a technical pattern, which has a 70 percent success rate in sending prices higher. дальше »

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A Critical Bitcoin Buy Wall Appears in the Low-$9,000s: Win for Bulls

It’s been a brutal past 24 hours for Bitcoin. After attempting to secure $10,000 as support on June 10th, the cryptocurrency failed to do so, diving instead of rallying as most investors were expecting. дальше »

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Bitcoin Abruptly Surges to $10,000: But Here’s Why a Brutal Rejection Awaits

Bitcoin price just broke out from the tight trading range its been trading it for days between $9600 and $9800, and moments later found itself tapping resistance at $10,000 once again. The spike was quickly rejected, but Bitcoin appears to be consolidating and ready for another attempt to breakthrough. Will the rejection force prices lower […] дальше »

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Options Traders are Nearly All Long on Bitcoin; What This Means for BTC

Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […] дальше »

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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge

Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »

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Ethereum to Target $300 Once it Reaches This Massive Support Zone

Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a... дальше »

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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next

Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »

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Bitcoin Appears Strikingly Bullish, But How Close to Reality is the $300k Price Level?

Adam Back, a cryptographer, and CEO of Blockstream, the company specializing in blockchain-based infrastructure, is a supporter of the proof-of-work system on which Bitcoin continues living up to this day. дальше »

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Bitcoin Nears $10,000 As Hashrate Starts Recovering

After a small pause, bitcoin today appears to be continuing its upwards trajectory, rising above $9,700. That’s after a brief local low of $9,200 following a sell-off in precisely five. . . дальше »

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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes

The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […] дальше »

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Buy Bitcoin to Opt Out, Exit the Economy Say Protester on Live TV

Bitcoin out of all things appears to be rising as some rallying cry of protesters against systemic oppression in the United States. One of them interviewed live (pictured) by Univision... The post Buy Bitcoin to Opt Out, Exit the Economy Say Protester on Live TV appeared first on Trustnodes. 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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Bitcoin’s Price Spread on the CME is “Super Bullish” and Foretells Major Upside

Bitcoin has seen mixed price action in recent times, struggling to surmount $10,000 despite gaining a solid foothold within the $9,000 region Analysts are now noting that the cryptocurrency appears to be at a turning point as it trades directly between two CME gaps One analyst is also pointing to the massive BTC premium seen on the CME as a reason why the crypto is highly bullish Bitcoin saw some turbulent trading yesterday when sellers […] дальше »

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Restored Falling Wedge Pattern Sees Bitcoin Rising above $11,500

It appears Bitcoin missed a medium-term upside target above $11,500 after undergoing a significant sell-off in March 2020. The major northward move had appeared out of a Falling Wedge breakout. Bitcoin reentered the Wedge after the crash and followed it with a breakout towards a new bull target near $9,500. The cryptocurrency is still eyeing... дальше »

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This Technical Pattern Signals Bitcoin is About to Explode to $12,000

Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a breakout of this formation, the crypto could soon be trading at fresh yearly highs of around $12,000 Bitcoin and the […] дальше »

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Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum has been able to incur some notable upwards momentum throughout the past day. This has come about after weeks of it severely underperforming both Bitcoin and the aggregated crypto market. It now appears that the cryptocurrency could be positioned to see even further gains in the near-term, as this latest movement has provided its... дальше »

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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […] дальше »

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Mysterious Bitcoin Whale Who Kickstarted Previous Crashes Appears Again

Blockchain data has revealed that a mysterious Bitcoin whale that’s transacted over $350 million worth of BTC has just received a large sum of supply. Data also shows that each time this wallet has received a large sum of Bitcoin, a massive selloff follows. дальше »

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Bitcoin Could Soon See a $1,300 Loss as It Nears Key Resistance

Bitcoin has been flashing signs of immense strength throughout the past few days as it pushes up towards the mid-$9,000 region. Although on a surface level this movement appears to be bullish, it is important to note that the cryptocurrency is now pushing up against heavy resistance. дальше »

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Bitcoin Flashes Major Signs of Strength as Analysts Target $10,000

Bitcoin saw a notable overnight upswing that allowed it to firmly gain a position within the mid-$9,000 region This movement caught some bears off guard, and marked an extension of the momentum that it first incurred when it bounced from $8,800 yesterday It now appears that BTC is primed to rally even higher in the near-term, with some analysts targeting a move to $10,000 as the crypto flashes signs of strength Bitcoin is currently caught […] дальше »

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Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week

Bitcoin saw a sharp bounce into the $9,000 region overnight following a multi-day bout of consolidation within the $8,000 region The cryptocurrency now appears to have reached a “decision point” and where it trends from here could set the tone for where it goes in the coming weeks The current unclarity surrounding BTC’s mid-term trend has coincided with a massive decline in large transaction counts, signaling that large traders and investors are increasingly moving to […] дальше »

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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up

Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »

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