Bitcoin price has again registered an uptick in the last 24 hours. In that timeframe, the coin has surged by 3%. This has also helped other major altcoins turn green at press time. In the past week, BTC has rallied almost 8%. If the bulls keep pushing, then claiming the $21,000 mark would not be…
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THETA, the 51st ranked cryptocurrency in terms of market capitalization according to online tracker Coingecko, is performing relatively well now as it stays on the green zone as far its short-term and long-term price monitoring is concerned. THETA is all green in the charts except for its year-to-date progress The altcoin is sitting on a…
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On-chain data shows the Bitcoin exchange inflows have spiked up over the last day, something that could prove to be bearish for the price of the crypto. Bitcoin Exchange Inflow Mean Has Observed Two Spikes In The Past 24 Hours As pointed out by an analyst in a CryptoQuant post, the two exchange inflow mean…
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XRP has struggled to break out of a narrow range over the last few weeks and has failed to make any significant progress in terms of price pump. XRP struggles to surpass he crucial $0.53 resistance marker The altcoin is swinging between narrow ranges in terms of price movement Whales continue to accommodate despite previous…
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Shiba Inu (SHIB) momentarily moved out of its bearish streak that’s been going for the past few weeks on October 25 when the crypto market made a rally to reclaim the $1 trillion market cap turf. SHIB went up by 10% since October 25 before its recent price correction Shiba Inu lost 2% of its…
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After surging to as high as $20.9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin Short-Term Holder SOPR Has Been Elevated Over The Past Two Days As pointed out by an analyst in a CryptoQuant post, the short-term holders seem…
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Bitcoin is slowly losing its grip on the bullish momentum it had for the last couple of days, declining by 2.7% over the last 24 hours. At press time, according to tracking from Coingecko, the alpha crypto is trading at $20,392 and is once again showing a little sign of retreat in the past few…
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Bitcoin price started a downside correction from $21,000 against the US Dollar. BTC is stable above $20,000 and might start a fresh increase. Bitcoin is holding gains above the $20,000 and $20,200 levels. The price is trading above $20,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with…
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Data shows the crypto market fear has been mirroring the volatility in the market recently, as the latest burst in the price of Bitcoin has improved investor sentiment. Crypto Fear And Greed Index Escapes Out Of “Extreme Fear” Zone The “fear and greed index” is an indicator that tells us about the general sentiment among…
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In this episode of NewsBTC’s daily technical analysis videos, we flip the Bitcoin price chart upside down to get a unique perspective on the market. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 27, 2022 Inverted Bitcoin Price Chart Could Suggest Bear Market Is Over When price action seems confusing,…
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