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Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On?

Bitcoin price is back above $30,000 for the second time in 2023, with bulls hoping it not only holds this time, but leads to renewed confidence in the crypto market. Is this a sign the bear market is over and the bull run is back on? Or is this just a bear market rally that will result in new lows eventually? Let’s take a closer look at the latest price action. дальше »

2023-6-21 19:38


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Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls

Bitcoin (BTC) is currently consolidating above the crucial $26,000 level, a key threshold for the world’s largest cryptocurrency to continue its upward momentum and reach higher levels.   The recovery of this price mark on June 15th has given BTC holders renewed confidence, with the highly anticipated news of Blackrock, the largest fund manager in the world with over $10 trillion under its management, announcing a formal application for a new spot Bitcoin Exchange-Traded Fund (ETF) has further boosted their optimism. дальше »

2023-6-20 00:00


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Bitcoin Market At Decision Point: Will This On-Chain Retest Be Successful?

On-chain data shows a Bitcoin metric is approaching a crucial retest that can make or break a rally. Will the bulls come out on top? Bitcoin Short-Term Holder Realized Profit/Loss Ratio Is Nearing 1 Level According to data from the on-chain analytics firm Glassnode, a successful retest here would be constructive for the price of the asset. дальше »

2023-6-14 23:00


Bitcoin Weekly Momentum Crosses Bearish For First Time In 2023

In a significant development this week, Bitcoin price has crossed bearish on the weekly LMACD (Logarithmic Moving Average Convergence Divergence), marking the first time this has occurred in 2023. Does this mean further decline for BTCUSD, or do bulls still have a chance to save the recent uptrend? Bitcoin Momentum Takes A Turn For The Bears Last night, the weekly candle in BTCUSD opened with a bearish crossover of the LMACD. дальше »

2023-6-6 02:41