The weekend’s choppy price action saw brief respite on Monday as Bitcoin continued its habit of “filling” a void left at Friday’s futures close. Bitcoin (BTC) rose above $7,100 on Dec. 16 to just hit a fresh “gap” in futures markets, continuing a trend that has captured analysts. Cryptocurrency market daily overview. Source: Coin360 Bitcoin…
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Bitcoin price again drops below $7K bouncing off $6,800 support while the number of longs on Bitfinex has interestingly increased to the hope of the bulls. Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16. The sharp pullback is likely no surprise to traders…
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Here’s the scorecard for Bitcoin price bulls vs. bears exactly a year after BTC bottomed around $3.2K on Dec. 16, 2018. The price of Bitcoin (BTC) closed the second week of December at $7,111, down 5.44% for the week with five of the seven days being days of decline. So far on Monday, Bitcoin is…
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Bitcoin price is not showing any bullish signs and appears still set to tumble by as much as 60% before a trend reversal takes place. Bitcoin price (BTC) performed as expected over the past week as 8% was shaved off its price of $7,571.80 between Dec. 8 and Dec. 14. Does this mean the digital…
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Bitcoin continues to trade sideways, leaving the door open to generate generous profits by trading altcoins. Trading altcoins continues to be one of the most profitable strategies in the crypto market. The highlight of this week was the MATIC (MATIC) pump and subsequent dump, which I was lucky enough to time perfectly, securing a 60%…
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The inventor of Bollinger Bands warns his price instrument shows Bitcoin and other cryptocurrencies are facing an imminent return to volatile conditions. Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets. Cryptocurrency market daily overview. Source: Coin360 Bollinger: Bitcoin preparing for next breakout Data from Coin360…
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Bitcoin price is attempting to rebound from this week’s slump as it heads into the weekend that might see a relief rally, but don’t bet the farm just yet. The price of Bitcoin (BTC) has headed north over the last 24 hours, up over 1% at $7,272. As a result, each of the major cryptocurrencies…
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A bizarre wager between two major Bitcoin traders turns sour after it emerged one allegedly tried to prop up BTC/USD to guarantee a win. Bitcoin (BTC) price may have spiked throughout the global market on Dec. 12 due to the actions of a single bagholder — trying to win a $10,000 Dogecoin (DOGE) bet. In…
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Bitcoin price continues to yield to bears and could collapse to $6.5K or below if $7,080 and $6,800 fail to hold as support. For the past few days, Bitcoin price (BTC) has ranged between $7,400 to $7,100 and it seems bears are keen to push the price back below $7,000 before this week closes. Earlier…
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Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400. Bitcoin (BTC) fluctuated around $7,500 on Dec. 9 after a weekend of range-bound movement reduced volatility concerns for traders. Cryptocurrency market daily overview. Source: Coin360 Bitcoin delivers classic futures “bounce” Data from Coin360…
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