Bitcoin price galloped past the $8.3K resistance and above the long term descending channel in a move many say is fueled by escalating tensions between the U.S. and Iran. On Tuesday Bitcoin price (BTC) continued the rally of the previous day by retaking $8,000 then pushing above the 200-day moving average for the first time…
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An about-turn in mining difficulty for Litecoin could foretell a bull run for Bitcoin price as well, the statistician says, as markets continue pushing $8,000. Bitcoin (BTC) could have its bull market induced by Litecoin (LTC) as the latter enters a bullish renaissance, noted statistician Willy Woo has forecast. In a series of tweets on…
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Bitcoin price rallied 5.5% to cross above the $7.6K resistance, briefly gaining above $8K and leading traders to call for a trend reversal. On Monday during the U.S. evening trading session, Bitcoin (BTC) price continued its rally from $7,358 and at the time of writing the price pushed as high as $8,000. For the past…
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Having dropped to below CME Futures’ latest weekly close, Bitcoin rose back to challenge $7,600, but analysts think progress will stall. Bitcoin (BTC) trudged closer to $7,600 on Jan. 6 after an overnight dip failed to trigger a sustained sell-off. Cryptocurrency market daily overview. Source: Coin360 BTC range suggests few surprises Data from Coin360 and…
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Bitcoin price abruptly rallied 6.5%, reclaiming yesterday’s losses and attempting to set a daily higher high above $7,300 but will more buyers now step in? In a stunning turn of events, Bitcoin (BTC) price swiftly reversed course and rallied 6.4%, reclaiming ground lost over the last 24-hours and briefly topping $7,288 before pulling back to…
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Bitcoin price dropped below $7K, leading traders to look for a bounce at the $6.8K support. Today, Bitcoin (BTC) price abruptly dropped below the $7,100 support, declining 3.35% to rest near $6,900. For the past few days, Bitcoin price traded between $7,300 and $7,100, testing the $7,100 and $7,050 support multiple times. Therefore, for many…
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A calm start to 2020 may end in a shake-up next month, commentators suggest, but huge progress is needed to match the most bullish Bitcoin price forecasts. Bitcoin (BTC) traded broadly sideways on the first day of the 2020s as consensus swirled ever stronger around a Q1 breakout. Cryptocurrency market daily overview. Source: Coin360 BTC…
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Transaction count, USD transaction volume and hash rate are among the wild successes Bitcoin has achieved this year, wholly separate from BTC price. Bitcoin (BTC) was, in fact, anything but bearish in 2019, as new data shows its technical strength has reached levels never seen before. An examination of three metrics — Bitcoin’s transaction count,…
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A comparatively quiet Christmas trading period sees attention focus to the first few months of next year, as Bitcoin’s block reward halving edges closer. Bitcoin (BTC) continued trading sideways on Dec. 27 after spending the Christmas period broadly free of volatility. Cryptocurrency market daily overview. Source: Coin360 BTC “relaxes” this Christmas Data from Coin360 showed…
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Despite various reservations from commentators in the past, Bitcoin is robustly insured against futures manipulation, analyst suggests. The Bitcoin (BTC) price analyst who created one of the industry’s best-known prediction models thinks futures markets will not undermine the cryptocurrency. In a Twitter debate on Dec. 26, PlanB, father of the Stock-to-Flow tool, dispelled fears that…
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