Fresh off the strong bounce on Wednesday, Bitcoin price is trying to hold on to $7,200 support and stage a move up to the next key level of resistance. Bitcoin (BTC) is trading around $7,200 on Friday, the level that was found following a large swing to the upside on Wednesday. As we move into…
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In a surprisingly upbeat discussion, multiple figures agreed that the potential for a single Bitcoin to be worth $250,000 is still more than possible. Bitcoin (BTC) gained fresh rare support from mainstream media on Dec. 20 after CNBC entertained the idea of a $250,000 in the coming years. In an episode of the network’s Fast…
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Bitcoin and a few altcoins appear to be strengthening and flashing some strong buying opportunities. Though most major cryptocurrencies have broken below their support levels during the most recent fall, Bitcoin, which is inarguably the leader, has held its ground. This is a positive sign as it shows that the stronger hands are not panicking.…
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While critics highlight volatility and price declines, BTC investors have in fact only lost money on 11% of the days the cryptocurrency has existed. Bitcoin (BTC) has beaten gold in terms of returns by such a large amount this decade that investors have firmly dismissed recent price declines. Data from monitoring resource Blockchain shows that…
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The ghost of what has likely become one of the world’s biggest ponzi schemes lingers on for crypto traders amid claims of sell-offs manipulating Bitcoin price. Ether (ETH) price faced fresh selling pressure on Dec. 19 as a giant transaction associated with the PlusToken ponzi scheme worried traders. Data from Twitter-based monitoring resource Whale Alert,…
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Bitcoin price returns to the $7,000 zone after hitting its lowest levels in seven months, leading commentators to consider further gains. Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels. Cryptocurrency market daily overview. Source: Coin360 BTC shows signs of a bullish…
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Research shows Bitcoin is improving its wealth distribution versus 2018, but among other cryptocurrencies big and small, the problem is getting worse. Bitcoin (BTC) whales may have made headlines this month, but its wealth is more evenly distributed in 2019 — the opposite of major altcoins. That was among the findings of research by Clovr,…
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Bitcoin price makes a strong recovery back over $7,000, filling the weekend’s CME futures gap and bouncing off crucial support earlier today. Bitcoin (BTC) price is currently in the process of a strong reversal, which has seen the digital asset quickly recover 8.16% to trade slightly above $7,200. On Dec. 17 the digital asset broke…
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Bitcoin’s bounce off the $6.4K support is a positive sign as it shows that stronger hands are not dumping their positions yet. The crypto markets are currently held tight in the grasp of the bears. At the moment, there does not seem to be any specific news or event that has triggered the strong decline…
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The second day of severe losses sees BTC/USD break seven-month lows in a volatile period many are comparing to the bear market trough in December 2018. Bitcoin (BTC) fell below $6,500 on Dec. 18 in what is rapidly becoming a pivotal day for transaction analysis. Cryptocurrency market daily overview. Source: Coin360 Long “squeeze up” could…
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