Declining volatility and staying clear of $6,000 fails to convince everyone, with sentiment flashing “extreme fear” more so than at the end of 2018. Bitcoin (BTC) held on to $7,000 support on Dec. 20 as a major sentiment indicator revealed investors were still highly panicked by current price action. Cryptocurrency market daily overview. Source: Coin360…
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Fresh off the strong bounce on Wednesday, Bitcoin price is trying to hold on to $7,200 support and stage a move up to the next key level of resistance. Bitcoin (BTC) is trading around $7,200 on Friday, the level that was found following a large swing to the upside on Wednesday. As we move into…
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In a surprisingly upbeat discussion, multiple figures agreed that the potential for a single Bitcoin to be worth $250,000 is still more than possible. Bitcoin (BTC) gained fresh rare support from mainstream media on Dec. 20 after CNBC entertained the idea of a $250,000 in the coming years. In an episode of the network’s Fast…
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While critics highlight volatility and price declines, BTC investors have in fact only lost money on 11% of the days the cryptocurrency has existed. Bitcoin (BTC) has beaten gold in terms of returns by such a large amount this decade that investors have firmly dismissed recent price declines. Data from monitoring resource Blockchain shows that…
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Bitcoin price returns to the $7,000 zone after hitting its lowest levels in seven months, leading commentators to consider further gains. Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels. Cryptocurrency market daily overview. Source: Coin360 BTC shows signs of a bullish…
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Bitcoin price makes a strong recovery back over $7,000, filling the weekend’s CME futures gap and bouncing off crucial support earlier today. Bitcoin (BTC) price is currently in the process of a strong reversal, which has seen the digital asset quickly recover 8.16% to trade slightly above $7,200. On Dec. 17 the digital asset broke…
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The second day of severe losses sees BTC/USD break seven-month lows in a volatile period many are comparing to the bear market trough in December 2018. Bitcoin (BTC) fell below $6,500 on Dec. 18 in what is rapidly becoming a pivotal day for transaction analysis. Cryptocurrency market daily overview. Source: Coin360 Long “squeeze up” could…
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Bitcoin price has slid further below $6,700 and is now retesting November lows for several technical reasons as the year draws to a close. On Monday Bitcoin price (BTC) abruptly fell below the $7,040 support and dropped to $6,800. As recent as Nov. 22 and Nov. 27, $6,800 served as support so a number of…
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A lack of support that began at the start of the week translated into more serious losses on Tuesday, with cryptocurrencies shedding significant value. Bitcoin (BTC) fell further below $7,000 on Dec. 17 after a loss of support the previous day caused bears to strengthen their grip on the market. Cryptocurrency market daily overview. Source:…
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A lack of enthusiasm around the Bitcoin price is not all-pervasive, data shows, as interest remains about the impact of next May’s halving. Bitcoin (BTC) investors and mainstream consumers are paying more attention to the cryptocurrency’s block reward halving in May 2020. According to data from Google Trends on Dec. 17, worldwide searches for “Bitcoin…
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