Bitcoin Double Top Rejection Could See Downtrend Resume
Bitcoin tapped a weekend peak of $21,000 on Saturday, its highest price since September 13. Prices began moving mid-week, culminating in a 5% gain since the same time last week.…
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Bitcoin Price Analysis: The Danger is Not Over Yet, Despite BTC’s 6-Week High
After getting rejected by the mid-term descending trendline for several months, Bitcoin finally broke above this obstacle and now attempting to surpass the 100-day moving average line. However, the momentum…
Former Obama Adviser Bets his Porsche That Bitcoin Will Rally Again to $60K
Jim Messina – a key adviser to former US President Barack Obama – thinks blockchain technology and cryptocurrencies are among “the most exciting developments of our lifetime.” The American is…
Bitcoin Reclaims $20K, Market Cap Above $1 Trillion, Elon Musk Buys Twitter: This Week’s Crypto Recap
After spending multiple weeks trapped around $19,000, Bitcoin’s price was finally able to escape the range and break out toward the upside. BTC reclaimed $20K and even poked above $21,000…
Increased Bitcoin Volatility as US Personal Income Up 0.4% in September
Bitcoin’s price went through increased volatility over the past couple of hours, plunging to a local low of $20K and soaring to $20,600 in the moments after that. This seems…
Here’s The Next Target for BTC if $21K Falls (Bitcoin Price Analysis)
Bitcoin’s bullish momentum is strong over the past couple of days, as the price has broken another significant dynamic resistance level to the upside. However, there is still work to…
Two Things to Watch in Bitcoin’s Price Following the Recent Pump
After a period of prolonged consolidation within a particularly tight range, Bitcoin’s price finally made a move to the upside. Up 8.3% in the past seven days, most of which…
Bitcoin Touches $21k as Bank of Canada Flashes Signs of Pivot
Bitcoin reached past $21,000 on Wednesday for the first time since mid-September, following a lower-than-expected rate hike at the Bank of Canada. Economists say the move may signal a reversal…
‘Ill-Timed” ProShares Bitcoin ETF Plunges Over 70%
As per the data compiled from Morningstar Direct for FT, the Bitcoin Strategy fund (BITO) launched in October 2021 by ProShares lost money on an “unprecedented scale.” The ETF has…
Bears Rekt: $1 Billion Shorts Liquidated in a Day, Most Since October 2020
Bitcoin is ripping. After weeks of prolonged consolidation and rangebound trading where the price seemed stuck around $19K, the cryptocurrency added over $1.5k in the past 24 hours alone. At…
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