Bitcoin has pulled back and has partially filled the CME futures “gap” at $7,230 as another dip below $7K is possible before the next big move up. Bitcoin (BTC) finally recovered from its sharp drop last week and is currently hovering around $7,300, a move of more than ten percent since the latest low of…
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Bitcoin strong move to $7,600 signals that trend change could be in the making and has also created buying opportunities for select altcoins. Bitcoin is leading the recovery from the front, which is a positive sign. This shows that bulls have used the recent dip to buy. As a result, Bitcoin’s dominance has increased to…
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Bitcoin price has made a strong v-shaped recovery into the final week of the year, but the bulls have yet to reclaim the market from its 5-month bearish trend. Bitcoin (BTC) closed the week up at $7,513 which was a 5.65% increase from the opening price of $7,111. It was a turbulent week with Bitcoin…
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Bitcoin price manages a strong weekly close as the price rallied from $7.1K to $7.6K, leading investors to wonder if a trend reversal is in the making. On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts…
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The future will see Bitcoin take ever more market share from altcoins, says the well-known trader, and even cause the “destruction” of competitors such as Ethereum. Bitcoin (BTC) will cement its dominance over the cryptocurrency market next year in a fresh blow to altcoins, a veteran trader has said. In the latest episode of his…
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It could be a good time to buy select cryptocurrencies as bulls have defended the critical support levels which shows demand at lower levels. Although sentiment drives prices in the short-term, fundamentals play a major role in determining long-term price action. However, many times, the price follows fundamentals higher with a lag. The crypto markets…
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Bitcoin price remains bearish on multiple time frames but a few key macro indicators hint the BTC bull market may start once its hits realized value. On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from…
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XRP price slid below $0.20, the lowest level in over two years — but could this be the perfect investment opportunity or should more downside be expected? Altcoins dropped severely during the recent retracement of Bitcoin (BTC) price to $6,400, which increased Bitcoin’s dominance above 70%. One of these coins is XRP, which took a…
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Bitcoin’s swift drop to $6,450 provided a great opportunity to open a long position and numerous altcoins are producing double-digit rebounds after this week’s carnage. It has been a profitable week, largely because I caught the big Bitcoin (BTC) move up from the local bottom. I closed a majority of my altcoin trades, some on…
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Declining volatility and staying clear of $6,000 fails to convince everyone, with sentiment flashing “extreme fear” more so than at the end of 2018. Bitcoin (BTC) held on to $7,000 support on Dec. 20 as a major sentiment indicator revealed investors were still highly panicked by current price action. Cryptocurrency market daily overview. Source: Coin360…
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