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Bitcoin Flirts with Posting a Bull Cross as Crucial Resistance Nears

Bitcoin’s recent price action has done little to offer investors with insight into the cryptocurrency’s current trend, as it has been stuck between $9,000 and $10,000 for an extended period.There are a few crucial price regions within this trading range that could hold massive sway over the cryptocurrency’s near-term trend,

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A Chilling Bitcoin “Death Cross” Reappears With a Gloomy Stocks Correction

Bitcoin has formed a “Death Cross” pattern on its daily chart as price slips ahead of the New York opening bell.The cryptocurrency’s 50-day simple moving average today closed above its 20-day exponential moving average.The pattern surfaced as the U.S. futures signaled a negative session ahead. Bitcoin and the S&P 500

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Bitcoin “Death Cross” Pattern that Last Crashed Price 55% Appears Again

Bitcoin has come closer to forming a dreaded Wall Street chart pattern: the Death Cross.The bearish technical indicator materializes when an asset’s long-term moving average crosses above its short-term moving average.Its occurrence on Bitcoin daily chart in March 2020 led to a 55 percent price crash.A “death cross” pattern is

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Bitcoin Braces for Record Rally as Golden Cross on S&P 500 Looks Imminent

Bitcoin could break above $10,000 in the next quarter.The upside sentiment matures as the S&P 500 hints at painting a super-bullish Golden Cross in July 2020.The U.S. benchmark’s growing correlation with Bitcoin could help it attempt a breakout towards $20,000.As bitcoin repeatedly struggles to close above $10,000, the S&P 500

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Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down

Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down May 29, 2020 by Ramiro Burgos Bitcoin Prices Face $10000 Resistance Without Strength to Cross It While Indicators Started to Go Down Also Read: Bitcoin Prices Turbulent As Exhausted Indicators Drift In A Volatile Distribution

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Bitcoin Falls 9% Right After Forming Golden Cross; Fractal Similar to Pre-March Crash

Bitcoin formed a super bullish Golden Cross on May 20, 2020.Nevertheless, the cryptocurrency plunged by up to 9 percent in a contrary move.Earlier in February 2020, Bitcoin’s Golden Cross formation had followed a 61 percent price crash.On May 20, 2020, Bitcoin formed a Golden Cross, a widely-tracked, long-term bullish indicator

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