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Bitcoin Slips Below Support Level to $38.5K as US Tax Return Deadline Approaches

The leading cryptocurrency by market value fell to $38,577 during the Asian hours, a level last seen on March 15, according to CryptoX data. Per analytics firm IntoTheBlock, $40,000 was important support, as significant buying activity has happened around that level in the past. The latest decline means the cryptocurrency

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Waiting for $40K? Bitcoin’s critical level is already here, says new research

Bitcoin (BTC) is at a “pivotal” point and faces macro forces that could influence it for “months to come,” fresh research says.In its latest market update on April 8, trading suite Decentrader called for more attention to Bitcoin’s “yearly pivot” price.All eyes on the yearly pivotAfter giving $43,000 support two

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Bitcoin retests key level that sparked 66% BTC price gains in 2021

Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader shows importance of 200DMA for BitcoinData from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering downward pressure as financial markets opened on April 5.The pair was thus more or less

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Bitcoin recovers the $46K level, but several factors could prevent a stronger breakout

After dropping below $45,000 on March 31, Bitcoin (BTC) surprised investors with a quicker-than-expected recovery to the $46,500 level.Data from Cointelegraph Markets Pro and TradingView shows that bears managed to drop BTC to an overnight low of $44,210 before bulls showed up in force to lift the price back above $46,500

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