Speaking to traders as BTC/USD recovered from its worst day on record, the trading veteran said he believed markets still needed more pain. Bitcoin (BTC) likely bottomed when it hit $3,700 this week but will likely dive below $5,000 one more time, says Tone Vays. In the latest edition of his Trading Bitcoin YouTube series…
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Today Bitcoin price dropped more than 50% to a new 2020 low below $5,000, what should traders expect next? After a tumultuous day of trading which saw Bitcoin (BTC) price drop 28.35% from $7,650 to $5,500, the carnage restarted at 11:00 (UTC) when Bitcoin abruptly dropped another 24%. This brought the price to $4,679, a…
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Bitcoin price dropped to a new low at $3,637, only to quickly reverse course by rallying to $5,260. Within the last hour Bitcoin price dropped below $4,000 after abruptly plummeting 11.24% to a new yearly low at $3,782. The sharp downside move seems short lived as the price quickly rebounded to $5,260. BTC USDT 1-hour…
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The aftermath of Bitcoin’s worst hourly performance in history continues to weigh on exhausted traders as Wall Street plummets again. Bitcoin (BTC) struggled to turn $6,000 into support during trading on March 12 as the second “Black Monday” event in the same week pushed stocks to perilous lows. Cryptocurrency market daily overview. Source: Coin360 BTC…
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Bitcoin stock traders panic as the U.S. president suspends flights to Europe, hinting at wide-ranging disruption continuing over coronavirus. Bitcoin (BTC) fell to around its lowest levels this year on March 12 as another wave of coronavirus panic gripped both cryptocurrency and traditional markets. Cryptocurrency market daily overview. Source: Coin360 BTC price sheds another 7%…
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Further losses are easily on the table for Bitcoin as the unusual “black swan” market environment continues, warns Cointelegraph’s filbfilb. Bitcoin (BTC) continued choppy trading behavior on March 11 as analysts revealed that the “black swan” state of the markets could produce fresh losses. Cryptocurrency market daily overview. Source: Coin360 Filfilb expects “bad behavior” from…
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Bitcoin price searches for support as the DOW, S&P 500, European and Asian markets register historic losses as fear of the Coronavirus pandemic continues to spread. The VIX volatility index, the stock market’s main risk indicator, skyrocketed to 55 on March 9. This is the highest level since 2009. Meanwhile, Saudi Arabia’s talks with OPEC…
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Bitcoin price has dropped below the $9,000 mark once again but is yet to make a lower low to the hopes of the bulls who must now defend a key level. In the past few hours, Bitcoin (BTC) price dropped 3.85%, losing $9,000 and pulling back to $8,835. The abrupt downside move occurred after Bitcoin…
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Mayhem on forex markets joins the stocks purge which returned for a second round this week, erasing previous recovery signals while Bitcoin price gained. Bitcoin (BTC) continued beating out any competition on March 7, turning $9,000 into solid support while coronavirus ravaged stocks and forex alike. Cryptocurrency market daily overview. Source: Coin360 BTC price makes…
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After a week of significant losses, Bitcoin is finally beginning to reverse its gains in line with traditional markets, with $9,000 now in sight. Bitcoin (BTC) continued to climb towards $9,000 on March 2, reaching a five-day high as markets appeared to recover from coronavirus fears. Cryptocurrency market daily overview. Source: Coin360 Van de Poppe:…
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