Bitcoin price posts a massive green candle, hitting $8.7K to the disbelief of bears who have taken hold of the crypto market in recent months. Bitcoin (BTC) price just made a $1,200 rally towards $8,700, leaving bears and shorts behind. Several signals were pointing towards a potential trend shift and price reversal, while the overall…
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Following Bitcoin’s sudden jump earlier in the day, altcoin markets have also entered the green zone, with some of the major cryptocurrency markets registering solid growth. Following Bitcoin’s (BTC) sudden jump earlier in the day, altcoin markets have also entered the green zone, with some of the major cryptocurrency markets registering solid growth. Cryptocurrency market…
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After a day at the lower bound of a well-defined trading corridor, Bitcoin rose up to tackle $7,650 and reclaim some ground lost in its major slide this week. Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily…
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Veteran trader Scott Melker revisits some recent Bitcoin trades, as well as an interesting trade on altcoin Ankr Network (ANKR). In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR). BTC/USD Setting up the trade Entries:…
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Crypto markets made a mild comeback today, although Bitcoin maintains its bearish trend after yesterday’s major losses. Thursday, Oct. 24 — The top-20 cryptocurrencies seem to begin reclaiming after a sharp drop on Oct. 23, when Bitcoin (BTC) crashed $500 in minutes and dragged other coins down. Cryptocurrency market daily overview. Source: Coin360 Bitcoin, however,…
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“I do believe that Bitcoin eventually will exceed $20,000,” says Joel Birch, founder of crypto hedge fund Lunar. Joel Birch, the founder of crypto hedge fund and market research firm Lunar, said that he sees Bitcoin (BTC) at under $8,000 as a buying opportunity during an interview with Forbes published on Oct. 23. Buying bottom…
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Why did is Bitcoin dropping? Let’s take a look at a few possible causes of today’s sudden plunge and look at the charts to evaluate the next possible move. The moment many traders have anxiously anticipated arrived this morning as Bitcoin price (BTC) plunged below $7,800 and eventually settled near $7,400. It’s possible that the…
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A wobble for markets saw BTC/USD reenter the $7,000 range on Wednesday after failing to cement support higher. Bitcoin (BTC) regained $8,000 on Oct. 23 after a fresh bearish move canceled out progress towards the top of its trading range. Cryptocurrency market daily overview. Source: Coin360 Bitcoin rejected at $8.3K Data from Coin360 showed another…
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Analysts’ predictions of the level forming a likely price floor came true on Wednesday as Bitcoin markets shed $500 in a matter of minutes. Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows. Cryptocurrency market daily overview. Source: Coin360 Bitcoin firmly ditches $8K range Data…
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Limited movement on markets sees BTC keep support above $8K but resistance higher up remains conspicuous. Bitcoin price (BTC) continued its rangebound trading on Oct. 22 after failing to crack resistance at $8,300. Cryptocurrency market daily overview. Source: Coin360 Bitcoin shows little sign of major shift Data from Coin360 showed broadly sideways activity for BTC/USD…
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