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Bitcoin News

Bitcoin Price Forecast: BTC embarks on the journey to $40,000 after the dip to $28,000

Bitcoin makes a sharp upturn above $30,000 after a gruesome session on Tuesday. Technical levels flip bullish as investors return with a bang. Bitcoin traded monthly lows toward $28,000 on Tuesday, leaving most investors disappointed. However, the flash drop under $30,000 may have allowed new investors to take advantage of the lower entry prices. At

Bitcoin makes a sharp upturn above $30,000 after a gruesome session on Tuesday. Technical levels flip bullish as investors return with a bang. Bitcoin traded monthly lows toward $28,000 on Tuesday, leaving most investors disappointed. However, the flash drop under $30,000 may have allowed new investors to take advantage of the lower entry prices. At

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC profoundly bleeds while recovery decelerates at $36,000

Bitcoin dived to $33,000 during the weekend session, pulling the entire market down with it. Recovery has delayed at $36,000, sending BTC bulls back to the drawing board. Bitcoin moved further away from $40,000 during the weekend session. The support anticipated at $36,000 did little to stop the losses as Bitcoin stretched the bearish leg

Bitcoin dived to $33,000 during the weekend session, pulling the entire market down with it. Recovery has delayed at $36,000, sending BTC bulls back to the drawing board. Bitcoin moved further away from $40,000 during the weekend session. The support anticipated at $36,000 did little to stop the losses as Bitcoin stretched the bearish leg

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC stuck between a rock and a hard place, is $40,000 reclaimable?

Bitcoin bulls have had a challenging time this week, trying to sustain the price above $40,000. Unfortunately, the upswing from the primary support at $31,000 hit a massive barrier at $41,300, sabotaging the uptrend. Sellers took advantage of the weakening bullish camp to reverse the gears. As a result, Bitcoin price slipped below $40,000 and

Bitcoin bulls have had a challenging time this week, trying to sustain the price above $40,000. Unfortunately, the upswing from the primary support at $31,000 hit a massive barrier at $41,300, sabotaging the uptrend. Sellers took advantage of the weakening bullish camp to reverse the gears. As a result, Bitcoin price slipped below $40,000 and

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Bitcoin News
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Bitcoin News

Bitcoin Price Forecast: BTC bulls’ bid for $40,000 delayed at $39,000 key technical level

Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance at $40,000, especially with immense resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, BTC trades at $38,800 following a minor rejection from

Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance at $40,000, especially with immense resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, BTC trades at $38,800 following a minor rejection from

Bitcoin News
Bitcoin News

Bitcoin Price Prediction: BTC holds crucial support while bulls gaze at $42,000

Bitcoin made its way from the week’s support at $31,000. The move was sharp, resembling a V-shaped pattern. Hence, the recovery stalled at $38,000 as bulls retreated to confirm higher support. At the time of writing, the flagship cryptocurrency trades at $36,600 after holding at two key levels. Initially, the 50 Simple Moving Average (SMA)

Bitcoin made its way from the week’s support at $31,000. The move was sharp, resembling a V-shaped pattern. Hence, the recovery stalled at $38,000 as bulls retreated to confirm higher support. At the time of writing, the flagship cryptocurrency trades at $36,600 after holding at two key levels. Initially, the 50 Simple Moving Average (SMA)

Bitcoin News
Bitcoin News

Bitcoin Price Prediction: BTC bulls vigorously push toward $40,000

Bitcoin price has lifted off the week’s primary support at $31,000, allowing more buyers to come from the sidelines supporting the upswing eyeing $40,000. The move saw Bitcoin gain 13% in 24 hours while collectively bolstering the entire cryptocurrency market uphill. Polkadot is among the most improved crypto assets, with its 15% double-digit gains. Kusama

Bitcoin price has lifted off the week’s primary support at $31,000, allowing more buyers to come from the sidelines supporting the upswing eyeing $40,000. The move saw Bitcoin gain 13% in 24 hours while collectively bolstering the entire cryptocurrency market uphill. Polkadot is among the most improved crypto assets, with its 15% double-digit gains. Kusama

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC dumps to $30,000 again as renowned analyst confirms impending bear cycle

Bitcoin market finally exited the indecision status quo as bears took over amid the Asian session on Tuesday. The largest cryptocurrency had balanced around $36,000 in the wake of last week’s freefall from $39,000. Its upside had been limited under a confluence resistance formed by the 50 Simple Moving Average (SMA) and the 100 SMA

Bitcoin market finally exited the indecision status quo as bears took over amid the Asian session on Tuesday. The largest cryptocurrency had balanced around $36,000 in the wake of last week’s freefall from $39,000. Its upside had been limited under a confluence resistance formed by the 50 Simple Moving Average (SMA) and the 100 SMA

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Bitcoin News
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Bitcoin News

Bitcoin Price Forecast: BTC bleeds after rejection $39,000

This week, Bitcoin price staged another recovery mission, extending the gains from support at $33,000 to highs around $39,000. Investors anticipated a break above $40,000, but the rejection has led to an ongoing retreat. The pioneer cryptocurrency trades at $37,800 while holding dearly to the 100 Simple Moving Average (SMA). It is almost certain that

This week, Bitcoin price staged another recovery mission, extending the gains from support at $33,000 to highs around $39,000. Investors anticipated a break above $40,000, but the rejection has led to an ongoing retreat. The pioneer cryptocurrency trades at $37,800 while holding dearly to the 100 Simple Moving Average (SMA). It is almost certain that

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC signals freefall to $27,000; here are the levels to watch

Bitcoin is relatively in a no-trade zone at the time of writing. The sideways trading has seen the cryptocurrency dance around $37,000 for several days. Price actions toward $40,000 have diminished, while the immediate support at $36,000 appears vigorously defended. Meanwhile, it is vivid enough to see the formation of a pennant pattern. This is

Bitcoin is relatively in a no-trade zone at the time of writing. The sideways trading has seen the cryptocurrency dance around $37,000 for several days. Price actions toward $40,000 have diminished, while the immediate support at $36,000 appears vigorously defended. Meanwhile, it is vivid enough to see the formation of a pennant pattern. This is

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC imminent drop to $24,000 could soon gain traction

Bitcoin recently tested support at $33,500 following another rejection from $40,000. The largest cryptocurrency by market capitalization has lost more than half of its value from the all-time high of $65,000 in May. As the new month begins, investors hope that BTC will turn a new leaf and gain a significant amount of the lost

Bitcoin recently tested support at $33,500 following another rejection from $40,000. The largest cryptocurrency by market capitalization has lost more than half of its value from the all-time high of $65,000 in May. As the new month begins, investors hope that BTC will turn a new leaf and gain a significant amount of the lost

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Bitcoin News
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Bitcoin News

Bitcoin Price Forecast: BTC dumps to $42,000, but Tom Lee makes a massive $125,000 prediction

The instability in the cryptocurrency market last week continued throughout the weekend. A brief break above $50,000 was unsustainable, leading to another breakdown. Moreover, support at $46,000 did little to stop the massive losses; hence BTC dived near $42,000, a three-month low. Elon Musk blamed for crashing Bitcoin The founder is Tesla, Elon Musk has

The instability in the cryptocurrency market last week continued throughout the weekend. A brief break above $50,000 was unsustainable, leading to another breakdown. Moreover, support at $46,000 did little to stop the massive losses; hence BTC dived near $42,000, a three-month low. Elon Musk blamed for crashing Bitcoin The founder is Tesla, Elon Musk has

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC could revisit $50,000 as the technical picture weakens

Bitcoin has recently closed the gap toward $60,000. However, a monthly high formed at $59,612 cut short the bullish advances. Perhaps due to exhaustion in the bullish camp, a correction came to the picture. The retreat occurred in tandem with other crypto assets like Ethereum’s drop from $4,216 to under $3,800. Meanwhile, the cryptocurrency market

Bitcoin has recently closed the gap toward $60,000. However, a monthly high formed at $59,612 cut short the bullish advances. Perhaps due to exhaustion in the bullish camp, a correction came to the picture. The retreat occurred in tandem with other crypto assets like Ethereum’s drop from $4,216 to under $3,800. Meanwhile, the cryptocurrency market

Bitcoin News
Bitcoin News

Bitcoin price support at $56,000 crucial for takeoff beyond $60,000

Bitcoin has gradually and persistently worked on a recovery mission from $53,000. Various barriers were encountered along the path, including the 100 Simple Moving Average (SMA), the 50 SMA on the four-hour chart, and the critical seller congestion zone at $58,000. In the meantime, the largest cryptocurrency dodders at $56,800 as bulls battle to overcome

Bitcoin has gradually and persistently worked on a recovery mission from $53,000. Various barriers were encountered along the path, including the 100 Simple Moving Average (SMA), the 50 SMA on the four-hour chart, and the critical seller congestion zone at $58,000. In the meantime, the largest cryptocurrency dodders at $56,800 as bulls battle to overcome

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC Starts Regaining the Ground to $60,000 As Large Cap Altcoins Outperform

Bitcoin (BTC) price failed to rise above $60,000 earlier in the week, thwarting investor speculation. A robust barrier at$59,000 allowed overhead pressure to rise. Moreover, investors seeking to cash out for profit added weight to the selling pressure, whereby Bitcoin tumbled to $53,000. Meanwhile, support established at $55,000 gave the bulls a substantial boost, explaining

Bitcoin (BTC) price failed to rise above $60,000 earlier in the week, thwarting investor speculation. A robust barrier at$59,000 allowed overhead pressure to rise. Moreover, investors seeking to cash out for profit added weight to the selling pressure, whereby Bitcoin tumbled to $53,000. Meanwhile, support established at $55,000 gave the bulls a substantial boost, explaining

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Bitcoin News
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Bitcoin News

Bitcoin Price Prediction: BTC tumbles eyeing $50,000 amid rejection from $59,000

Bitcoin bulls controlled most of the price action in the market last week despite the mundane trading. The flagship cryptocurrency managed to clear the resistance at $55,500, which bolstered the price to around $59,000. Although investors had speculated BTC closing the day above $60,000 on Monday, a correction ensued, with the largest cryptocurrency diving under

Bitcoin bulls controlled most of the price action in the market last week despite the mundane trading. The flagship cryptocurrency managed to clear the resistance at $55,500, which bolstered the price to around $59,000. Although investors had speculated BTC closing the day above $60,000 on Monday, a correction ensued, with the largest cryptocurrency diving under

Bitcoin News
Bitcoin News

Bitcoin Price Analysis: BTC reconstructs bullish outlook to crown the weekend with $60,000

Bitcoin extended the bearish action significantly following the rejection at $55,000. Tentative support at $54,000 failed to stop the sellers’ advances, allowing the price to explore lower leeks around the 50 Simple Moving Average (SMA) on the four-hour chart. BTC trades at $53,633 at the time of writing amid a bullish building momentum. Bitcoin renews

Bitcoin extended the bearish action significantly following the rejection at $55,000. Tentative support at $54,000 failed to stop the sellers’ advances, allowing the price to explore lower leeks around the 50 Simple Moving Average (SMA) on the four-hour chart. BTC trades at $53,633 at the time of writing amid a bullish building momentum. Bitcoin renews

Bitcoin News
Bitcoin News

Bitcoin Price Prediction: BTC bloodshed as bulls lose $50,000 support, where to next?

Bitcoin and the cryptocurrency market dump massively amid rumors of increase in taxes on capital gains. Bitcoin slides under $50,000 as buyers struggle to secure formidable support level. The short-term technical picture appears extremely bearish as more declines linger. Bitcoin price had displayed incredible recovery signs on Thursday, with investors eyeing liftoff to $60,000. However,

Bitcoin and the cryptocurrency market dump massively amid rumors of increase in taxes on capital gains. Bitcoin slides under $50,000 as buyers struggle to secure formidable support level. The short-term technical picture appears extremely bearish as more declines linger. Bitcoin price had displayed incredible recovery signs on Thursday, with investors eyeing liftoff to $60,000. However,

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Bitcoin News
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Bitcoin News

Guggenheim Partners’ Scott Minerd Predicts Bitcoin Price Could Retrace to $20,000

Scott Minerd, the chief investment officer at Guggenheim Partners has come out with another doomsday prediction for Bitcoin suggesting the top cryptocurrency could register a 50% downside and settle around a $20,000 price. Minerd believes the top cryptocurrency moved too fast over the past quarter and as a result, the market looks quite “frothy.” He

Scott Minerd, the chief investment officer at Guggenheim Partners has come out with another doomsday prediction for Bitcoin suggesting the top cryptocurrency could register a 50% downside and settle around a $20,000 price. Minerd believes the top cryptocurrency moved too fast over the past quarter and as a result, the market looks quite “frothy.” He

Bitcoin News
Bitcoin News

Bitcoin price uptrend to $65,000 decelerates amid potential bearish comeback

Bitcoin recovery hit a barrier at $64,000, hindering movement to $65,000. The ascending parallel channel lower edge support is under tremendous pressure to give to bearish advances. Bitcoin has resumed the sluggish price action a day after hitting a new record high close to $65,000. The recent upswing occurred after Coinbase was directly listed on

Bitcoin recovery hit a barrier at $64,000, hindering movement to $65,000. The ascending parallel channel lower edge support is under tremendous pressure to give to bearish advances. Bitcoin has resumed the sluggish price action a day after hitting a new record high close to $65,000. The recent upswing occurred after Coinbase was directly listed on

Bitcoin News
Bitcoin News

Bitcoin price rolls on the runway ready for takeoff to $70,000 as market cap nears $2 trillion

Bitcoin crosses the $63,000 mark as uplift to $70,000 becomes apparent. The ascending parallel channel appears to have secured BTC’s uptrend. Closing the day under the channel’s middle boundary support could pave the way for correction. Bitcoin spurred action across the cryptocurrency market on making a confirmed break above $60,000. Moreover, lifting above the recent

Bitcoin crosses the $63,000 mark as uplift to $70,000 becomes apparent. The ascending parallel channel appears to have secured BTC’s uptrend. Closing the day under the channel’s middle boundary support could pave the way for correction. Bitcoin spurred action across the cryptocurrency market on making a confirmed break above $60,000. Moreover, lifting above the recent