Bitcoin price is moving lower below the $37,000 level. BTC could continue to move down toward the $36,000 level or even $35,000 zone in the coming sessions. Bitcoin is showing bearish signs and moving lower from the $37,750 resistance. The price is trading below $37,400 and the 100 hourly Simple moving average. There is a…
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Amidst the regulatory scrutiny and enforcement actions faced by the cryptocurrency industry, Bitcoin (BTC), the leading cryptocurrency by trading volume, has remained resilient and maintained its consolidation level between $36,000 and $37,000. It reached a new record for the year, surging to a new yearly high of $38,390 on Friday. $312 Million Inflows Amid Spot-Based…
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Bitcoin price is still struggling to settle above $38,000. BTC is showing a few bearish signs and might decline below the $37,150 support. Bitcoin is still facing heavy resistance near the $37,750 resistance. The price is trading below $37,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
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Bitcoin (BTC) and the cryptocurrency market have seen a significant uptrend, hitting a new annual high and surpassing $1.45 trillion, paving the way for potential gains in the final days of November. Notably, BTC, the largest cryptocurrency in the market, has achieved a remarkable milestone, approaching the $40,000 level with a price surge to $38,400. …
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Bitcoin price is holding gains above $37,000. BTC is consolidating and might soon aim for another rally if it clears the $38,000 resistance zone. Bitcoin is still consolidating below the $37,750 resistance. The price is trading above $37,200 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance near…
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Taking to X on November 22, crypto chartist @MortensenBach presented a bullish outlook for Bitcoin (BTC), predicting that not only will the coin breeze past $70,000 in the coming months, but it will set a new all-time high, fanning demand for stocks of Bitcoin mining companies like Riot Blockchain, Marathon Digital, and the rest. Bitcoin Trading Above…
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Bitcoin price trimmed all losses and climbed above $37,000. BTC is now eyeing a major upside break above the $37,750 and $38,000 resistance levels. Bitcoin is showing positive signs and testing the $37,750 resistance. The price is trading above $37,000 and the 100 hourly Simple moving average. There was a break above a major bearish…
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Bitcoin price declined over 4% and traded below the $36,500 support. BTC is still holding the key $35,650 support zone and dips might attract buyers. Bitcoin started a fresh decline after reports of Binance’s settlement and CZ stepping down. The price is trading below $37,000 and the 100 hourly Simple moving average. There was a…
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The price of Bitcoin presses on towards the upside and, once again, touched a critical resistance close to $38,000. The cryptocurrency could trend sideways at its current levels in the short term, leading analysts to find the support level that could withstand a spike in selling pressure. As of this writing, Bitcoin trades at $37,160…
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In a shocking turn of events, Binance CEO Changpeng Zhao has agreed to step down from the crypto exchange and has plead guilty to “violating US anti-money laundering requirements.” The news is currently being priced into the crypto market, leading to extreme volatility in Bitcoin and altcoins, plus a lot of chatter on social media.…
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