Contrary to popular opinion, says Jason Williams, it is unlikely that BTC/USD will react significantly to the miner reward shift to 6.25 BTC per block next May. Bitcoin’s (BTC) 2020 block reward halving continues to generate mixed opinions regarding price performance, as one analyst suggests its impact will be next to nothing. In a tweet…
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Key trading indicators suggest that Bitcoin has completed its macro bear cycle and is ready to rocket to $9,000 this week. Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading digital asset has several bullish indicators that hint towards an imminent recovery. As Bitcoin enters the last month of 2019, will…
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A vacuum between futures’ weekly closing price and current BTC/USD levels could take Bitcoin as much as $600 higher next week, an analyst suggests. Bitcoin (BTC) fell back towards support at the $7,250-$7,300 level on Dec. 1 after its latest sudden uptick began to fizzle overnight. Cryptocurrency market daily overview. Source: Coin360 Futures gap incoming…
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Bitcoin price failed to break through the $7,800 resistance and now likely to backtest levels that have recently flipped into new support. Whereas Bitcoin (BTC) was hovering at $6,500 earlier this week, it has since rebounded to the resistance zone of $7,800 but failed to break it on the first attempt. Crypto market daily performance.…
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Over the past four years the price of Bitcoin has seen moves of more than 30% during the holiday month of December — so will this year also see volatility? At just over 10 years old, crypto’s largest asset Bitcoin (BTC) has made a name for itself as a volatile asset, as shown by its…
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The settlement of monthly futures contracts points to bullish short-term performance for Bitcoin, which has already begun reversing its downward trend. Bitcoin (BTC) is statistically likely to gain in the coming week as a new futures expiration event comes and goes, according to new data. Compiled by trader an analyst Luke Martin on Nov. 25,…
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Resistance closer to $8,000 remains but a bearish reversal back to the $6,000 range has yet to materialize, boosting trader sentiment. Bitcoin (BTC) inched closer to $8,000 on Nov. 29 after maintaining its previous gains for another day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin settles above $7,500 Data from Coin360 showed BTC/USD avoid a…
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Bitcoin price popped above the $7.8K resistance, opening the door for gains to $8K but bulls need to supply serious volume to break above the bearish rising wedge. Bitcoin price (BTC) is taking a bit of a breather after breaking flipping the $7,600 resistance to support during the morning trading hours of Nov 29. While…
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Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year. Bitcoin (BTC) is trading up around 2% at $7,600 on the back of the European session this morning, which is where it has been…
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Having traded as low as $6,500 in recent days, Bitcoin delivered a conspicuous blow to bears, retaining higher levels after climbing $700 in hours. Bitcoin (BTC) stayed around $7,500 on Nov. 27 after a surprise bullish reversal took markets $700 higher the previous day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin clings to surprise gains…
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