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Bitcoin News

Bitcoin price recovery becomes an uphill battle but could this stability signify maturity as a long term asset?

Bitcoin price sticks to consolidation between $31,000 critical support and the stubborn resistance at $34,500. A golden cross pattern hints at Bitcoin exploring lower price levels before resuming the uptrend. Bitcoin has been stuck under the 200 Simple Moving Averages for several days now. On the downside, support at $31,000 has become extremely vital to

Bitcoin price sticks to consolidation between $31,000 critical support and the stubborn resistance at $34,500. A golden cross pattern hints at Bitcoin exploring lower price levels before resuming the uptrend. Bitcoin has been stuck under the 200 Simple Moving Averages for several days now. On the downside, support at $31,000 has become extremely vital to

Bitcoin News
Bitcoin News

Bitcoin price on the final stretch to $40,000 but these are the levels to watch

Bitcoin nurtures recovery eyeing $40,000 after overcoming resistance at $36,000. BTC/USD must close the day above the 61.8% Fibonacci to complete the leg up to $40,000. Bitcoin rebounded after confirming support at $30,000. On the upside, the largest cryptocurrency movement was limited to $36,000. The mid-week trading saw BTC retest support at $32,000 but buyers

Bitcoin nurtures recovery eyeing $40,000 after overcoming resistance at $36,000. BTC/USD must close the day above the 61.8% Fibonacci to complete the leg up to $40,000. Bitcoin rebounded after confirming support at $30,000. On the upside, the largest cryptocurrency movement was limited to $36,000. The mid-week trading saw BTC retest support at $32,000 but buyers

Bitcoin News
Bitcoin News

Bitcoin price risks revisiting $30,000 while Goldman Sachs reckons that BTC has matured as an asset

Bitcoin bulls focus on avoiding declines to $30,000 by holding above the 100 SMA and $33,000. Bitcoin is becoming more mature as an asset but needs institutional backing to stabilize. Bitcoin is fighting to hold above the $33,000 but overhead pressure continues to make this task a difficult one for the bulls. The largest cryptocurrency

Bitcoin bulls focus on avoiding declines to $30,000 by holding above the 100 SMA and $33,000. Bitcoin is becoming more mature as an asset but needs institutional backing to stabilize. Bitcoin is fighting to hold above the $33,000 but overhead pressure continues to make this task a difficult one for the bulls. The largest cryptocurrency

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Bitcoin News
Bitcoin-Institutional-Buying
Bitcoin News

Bitcoin freefalls to $30,000 but recovery to $40,000 seems imminent as on-chain metrics stay strong

Bitcoin recovery to $40,000 will not come easy despite the bounce at $30,000. On-chain metrics like the network growth remain strongly bullish suggesting that Bitcoin is still strong enough to reclaim the lost ground. Bitcoin is struggling to stay afloat at $30,000 after rebounding from the fall to $30,000 on Monday. The pioneer cryptocurrency came

Bitcoin recovery to $40,000 will not come easy despite the bounce at $30,000. On-chain metrics like the network growth remain strongly bullish suggesting that Bitcoin is still strong enough to reclaim the lost ground. Bitcoin is struggling to stay afloat at $30,000 after rebounding from the fall to $30,000 on Monday. The pioneer cryptocurrency came

Bitcoin News
Bitcoin News

Bitcoin price in dilemma at crucial pivotal level; will it be $42,500 or $32,500?

Bitcoin closes the week under $40,000, opening the Pandora box for a possible slide to $32,500. Closing the day above the ascending channel’s upper boundary may invalidate the breakdown but favor a recovery above $40,000. Bitcoin almost brushed shoulders with $42,500 last week but stalled, allowing for a retreat under $40,000. However, Bitcoin managed to

Bitcoin closes the week under $40,000, opening the Pandora box for a possible slide to $32,500. Closing the day above the ascending channel’s upper boundary may invalidate the breakdown but favor a recovery above $40,000. Bitcoin almost brushed shoulders with $42,500 last week but stalled, allowing for a retreat under $40,000. However, Bitcoin managed to

Bitcoin News
Bitcoin News

Bitcoin Majestically Enters Price Discovery Above $20,000 As The Moon Beckons

Bitcoin’s least resistance path is upwards as the IOMAP reveals the absence of known resistance. BTC rally hits a new all-time high marginally under $22,000 but the bullish momentum is still intact. Bitcoin finally broke the psychological resistance at $20,000, catapulting itself to new all-time highs. The flagship cryptocurrency seems to have jumpstarted the crypto

Bitcoin’s least resistance path is upwards as the IOMAP reveals the absence of known resistance. BTC rally hits a new all-time high marginally under $22,000 but the bullish momentum is still intact. Bitcoin finally broke the psychological resistance at $20,000, catapulting itself to new all-time highs. The flagship cryptocurrency seems to have jumpstarted the crypto

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Bitcoin News
Bitcoin-Institutional-Buying
Bitcoin News

Bitcoin price bulls run out of options as rejection at $19,500 threatens massive slide to $17,600

Bitcoin market indecision continues, as resistance at $19,500 remains intact. Bitcoin buyers plan to hold the fort at $19,000 as they prepare for a major liftoff to $20,000. Bitcoin is still locked under the resistance at $19,500. A double-top pattern is still in place, as discussed on Tuesday. Sellers appear to be gaining momentum while

Bitcoin market indecision continues, as resistance at $19,500 remains intact. Bitcoin buyers plan to hold the fort at $19,000 as they prepare for a major liftoff to $20,000. Bitcoin is still locked under the resistance at $19,500. A double-top pattern is still in place, as discussed on Tuesday. Sellers appear to be gaining momentum while

Bitcoin News
Bitcoin News

Bitcoin on the cusp of a paralyzing breakdown to $16,200 if this crucial support is lost

Bitcoin refreshes the levels under $18,000 as declines to $16,200 beckon. The 200 SMA must stay intact to ensure that BTC does not complete the bearish leg to late November support at $16,200. Bitcoin is likely to usher in the weekend session with massive declines. The past 48 hours have been trying to the bulls

Bitcoin refreshes the levels under $18,000 as declines to $16,200 beckon. The 200 SMA must stay intact to ensure that BTC does not complete the bearish leg to late November support at $16,200. Bitcoin is likely to usher in the weekend session with massive declines. The past 48 hours have been trying to the bulls

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Bitcoin News
Bitcoin-Institutional-Buying
Bitcoin News

Bitcoin downward pressure unstoppable, losses to $18,000 eyed ahead of upswing to $20,000

Bitcoin’s recovery hits a massive barrier at the 100 SMA and the descending channel’s middle boundary. BTC/USD likely to embrace consolidation based on on-chain metrics. Bitcoin has struggled to recover from the mid-week retracement that saw it refresh lower levels under $18,000. Support established at the 200 Simple Moving Average on the 4-hour chart saved

Bitcoin’s recovery hits a massive barrier at the 100 SMA and the descending channel’s middle boundary. BTC/USD likely to embrace consolidation based on on-chain metrics. Bitcoin has struggled to recover from the mid-week retracement that saw it refresh lower levels under $18,000. Support established at the 200 Simple Moving Average on the 4-hour chart saved

Bitcoin-Institutional-Buying
Bitcoin News
Bitcoin-Institutional-Buying
Bitcoin News

Bitcoin price hunts for a clear pathway to $20,500, as on-chain metrics improve

Bitcoin must hold above the Bollinger Bands’ middle boundary and the 50 SMA to sustain the uptrend. The IOMAP model by IntoTheBlock reveals the lack of substantial resistance that could hamper an upswing to $20,500. Bitcoin is still holding in consolidation between $19,000 and $19,500. Recent attempts to grow the uptrend to $20,000 were cut

Bitcoin must hold above the Bollinger Bands’ middle boundary and the 50 SMA to sustain the uptrend. The IOMAP model by IntoTheBlock reveals the lack of substantial resistance that could hamper an upswing to $20,500. Bitcoin is still holding in consolidation between $19,000 and $19,500. Recent attempts to grow the uptrend to $20,000 were cut

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Bitcoin News
Grayscale-Bitcoin-Trust-GBTC
Bitcoin News

Bitcoin draws nigh to a massive breakout as consolidation prevails

Bitcoin’s reclaimed the position above $19,000 over the weekend but failed to disperse the seller congestion at $19,500. BTC is nearing a breakout as the Bollinger Bands’ constriction tightens; upside target at $20,000. Bitcoin has recovered after exploring the price levels slightly under $19,000. The flagship cryptocurrency hit a barrier at $19,500, hence the ongoing

Bitcoin’s reclaimed the position above $19,000 over the weekend but failed to disperse the seller congestion at $19,500. BTC is nearing a breakout as the Bollinger Bands’ constriction tightens; upside target at $20,000. Bitcoin has recovered after exploring the price levels slightly under $19,000. The flagship cryptocurrency hit a barrier at $19,500, hence the ongoing

Bitcoin-Institutional-Buying
Bitcoin News
Bitcoin-Institutional-Buying
Bitcoin News

Bitcoin upward pressure on the rise targets at $21,000 and $21,530

Bitcoin has sustained an uptrend after reclaiming the ground above $19,000. BTC/USD still eyes new yearly highs above $20,000 and to enter the price discovery mode. Bitcoin has continued to hold at the pivotal $19,400 level amid an upward push for gains beyond $20,000. The stability witnessed above $19,000 over the last 24 hours suggests

Bitcoin has sustained an uptrend after reclaiming the ground above $19,000. BTC/USD still eyes new yearly highs above $20,000 and to enter the price discovery mode. Bitcoin has continued to hold at the pivotal $19,400 level amid an upward push for gains beyond $20,000. The stability witnessed above $19,000 over the last 24 hours suggests

GBTC-3iQ-Galaxy-Digital
Bitcoin News
GBTC-3iQ-Galaxy-Digital
Bitcoin News

Bitcoin masterplan breakout eyes $22,500 as crypto bull market nears the ultimate flipping point

Bitcoin exchanged hands at its all-time high for the first since 2017’s bull market Bitcoin is banking on establishing higher support, preferably above $19,000 to help in the mission to $22,500. Bitcoin traded at its all-time for the first time since December 2017, although an untimely correction seems to be coming into play. The main

Bitcoin exchanged hands at its all-time high for the first since 2017’s bull market Bitcoin is banking on establishing higher support, preferably above $19,000 to help in the mission to $22,500. Bitcoin traded at its all-time for the first time since December 2017, although an untimely correction seems to be coming into play. The main

GBTC-3iQ-Galaxy-Digital
Bitcoin News
GBTC-3iQ-Galaxy-Digital
Bitcoin News

Bitcoin prepares for the ultimate liftoff to $20,000 after rebounding from $16,200

Bitcoin is relentless with the fight for new all-time highs, especially now that bulls are in control. The immediate support at the 50 SMA is key to the uptrend, therefore, it must be guarded at all costs. Bitcoin bid farewell to the downtrend that came into the picture last week during the weekend. The flagship

Bitcoin is relentless with the fight for new all-time highs, especially now that bulls are in control. The immediate support at the 50 SMA is key to the uptrend, therefore, it must be guarded at all costs. Bitcoin bid farewell to the downtrend that came into the picture last week during the weekend. The flagship

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Bitcoin News
BTC-long-short-positions
Bitcoin News

Bitcoin rebounds from $16,200 but stuck between stacks of critical support and resistance areas

Bitcoin called out for more buy orders after diving from the yearly high at $19,500 to the support at $16,200. BTC/USD eyes recovery to the 50 SMA before making the final leg up to the all-time high at $20,000. Bitcoin lost a significant amount of its value on Thursday during the Asian session. The losses

Bitcoin called out for more buy orders after diving from the yearly high at $19,500 to the support at $16,200. BTC/USD eyes recovery to the 50 SMA before making the final leg up to the all-time high at $20,000. Bitcoin lost a significant amount of its value on Thursday during the Asian session. The losses

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Bitcoin News
GBTC-3iQ-Galaxy-Digital
Bitcoin News

Bitcoin dives from multi-yearly high to $18,400 despite positive on-chain metrics

Bitcoin price slumps to test support at $18,400 and the 50 SMA, respectively. The IOMAP on-chain model reveals that the least resistance path is upwards. Bitcoin price has been engulfed in selling pressure after failing to hold firmly above $19,000. The resistance at $19,500 remained unchallenged, giving bears ample time to increase their orders, thus

Bitcoin price slumps to test support at $18,400 and the 50 SMA, respectively. The IOMAP on-chain model reveals that the least resistance path is upwards. Bitcoin price has been engulfed in selling pressure after failing to hold firmly above $19,000. The resistance at $19,500 remained unchallenged, giving bears ample time to increase their orders, thus

Bitcoin-RSI
Bitcoin News
Bitcoin-RSI
Bitcoin News

Bitcoin on the verge of a 7% downswing before resuming the uptrend to $20,000

Bitcoin slides beneath $18,000 after rejection at $18,500, hunting a formidable support. BTC/USD is supported immensely from the on-chain perspective, but technical analysis highlights the 50 SMA as the initial key anchor. Bitcoin has retreated considerably from the recently traded new yearly high of $18,502. Buyers had hoped to establish support above $18,000 but were

Bitcoin slides beneath $18,000 after rejection at $18,500, hunting a formidable support. BTC/USD is supported immensely from the on-chain perspective, but technical analysis highlights the 50 SMA as the initial key anchor. Bitcoin has retreated considerably from the recently traded new yearly high of $18,502. Buyers had hoped to establish support above $18,000 but were

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Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Sets Another New Yearly High, Grinding Closer $17,000; How Nigh Is The Reversal?

Bitcoin price blasts last week’s high to trade a new 2020 peak at $16,895. BTC/USD is poised for a retreat, but bulls hope to hold the price above $16,500 to sustain the uptrend to $17,000. Bitcoin price has rallied by more than 28% since the lows traded early November around $13,215. The flagship cryptocurrency also

Bitcoin price blasts last week’s high to trade a new 2020 peak at $16,895. BTC/USD is poised for a retreat, but bulls hope to hold the price above $16,500 to sustain the uptrend to $17,000. Bitcoin price has rallied by more than 28% since the lows traded early November around $13,215. The flagship cryptocurrency also

Bitcoin News
Bitcoin News

Bitcoin Tops $16,000 In Aggressive Fight For New Yearly High, How Nigh Is The Correction?

Bitcoin achieves new yearly highs but buyers have their eyes glued on the $20,000. A paralyzing breakdown might come into the picture if Bitcoin corrects beneath $16,000. Bitcoin finalized the journey to $16,000 Thursday, proving to the world that it is in a full-blown bull cycle and is not about to stop. The flagship cryptocurrency

Bitcoin achieves new yearly highs but buyers have their eyes glued on the $20,000. A paralyzing breakdown might come into the picture if Bitcoin corrects beneath $16,000. Bitcoin finalized the journey to $16,000 Thursday, proving to the world that it is in a full-blown bull cycle and is not about to stop. The flagship cryptocurrency

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Bitcoin News
BTC-long-short-positions
Bitcoin News

Bitcoin Price Eyes Another Breakout To $20,000 After Bouncing Off Crucial Support

Bitcoin has a clear path to $16,000 after confirming support at $14,500. The bellwether cryptocurrency is in the hands of the bulls as they nurture the uptrend to $20,000. Bitcoin is dancing at $15,545 amid a recovery mission from the key support highlighted by the 50 Simple Moving Average (SMA). Stability and calm have also

Bitcoin has a clear path to $16,000 after confirming support at $14,500. The bellwether cryptocurrency is in the hands of the bulls as they nurture the uptrend to $20,000. Bitcoin is dancing at $15,545 amid a recovery mission from the key support highlighted by the 50 Simple Moving Average (SMA). Stability and calm have also